Business Management
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Phase 3 Discussion Board
Details: What were the biggest problems in reaching a consensus on the business plan? How were your differences resolved?
Integrate and apply knowledge gained in other courses in the business administration curriculum
Use team and problem-solving skills to collaborate on a project.
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Solution Summary
The response addresses the queries posted in 669 words with references.
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The response addresses the queries posted in 669 words with references.
// The following paper would focus on the explanation of a business plan. The entire paper has been divided into sub-parts. These divisions would explain the meaning, problems and steps to overcome the consequences related to a business plan, followed by consensus.//
A business plan may be defined as the declaration on paper that illustrates and evaluates the business and presents a comprehensive outcrop as regards to its future (McKeever, 2008). Putting a business plan in black and white is not at all an easy task because it calls for a lot of hard work. The business plan reports also wrap up the monetary portion, that is, how much money is a requisite and how would the payments be made.
Like an army is composed of various divisions and each division is under the authority of its individual general, so is a business. The business also has sub-divisions comprising their own heads. The success lies in the capability of the authoritative generals and the division heads to come to a decision favoring a common plan of action.
But this is not a cake walk for the heads. Some ...
Education
- MBA (IP), International Center for Internationa Business
- BBA, University of Rajasthan
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