Why is it important to review any existing strategic


Question 1: When developing a business plan, why is it important to review any existing strategic, business and operational plans?

Question 2: Define the mission, vision, values and objectives of an organisation and explain why they are important in making a business plan.

Question 3: What sort of permits or licenses may be required when creating a business plan?

Question 4: List 5 characteristics that should form part of a Key Performance Indicator.

Question 5: List the stakeholders that would generally be involved in the development of business plans.

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