Need help with some questions on my Diploma of Business. I havent been provided any content and have found conflicting answers. Will build by answers upon the responses received from different perspectives.
1. List the typical elements of a business plan and the standard approaches to be used in developing a business plan.
2. What information will contribute to the development of the plans and from what sources will the information that helps in construction of the plan come?
3. Why and how will these sources be valuable?
4. List at least six different types of business plan an organisation might develop. From your list, select one type of plan and note the reasons for implementing such a plan.
5. Explain who might develop the business plans and the procedures that might be followed