As a monitor-and-control mechanism,a business plan
A)is useful only before a company is launched.
B)always contains the same elements.
C)should not identify risks and problems,since these might discourage potential investors.
D)is sometimes prepared after a company is up and running.
E)is useful only when seeking additional funding.

Question

Quizplus · Accepted Answer

A business plan can be prepared after a company is up and running to monitor and control its operations. It should identify potential risks and problems to address them proactively.

As a Monitor-And-Control Mechanism,a Business Plan