The plan which is firstly discussed in business plan is mostly?
Correct answer: A. marketing plan
- A. marketing plan
- B. financial plan
- C. personnel plan
- D. production plan
Explanation
The marketing plan is commonly developed or discussed early because it identifies the target market, customer demand and expected sales, which guide production, staffing and financial planning.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? support@testustad.com
About Principles of Management
Management principles explain how organisations set objectives and coordinate people and resources to achieve them. Coverage includes planning, organising, staffing, directing, coordinating and controlling, along with authority, responsibility, delegation, span of control and the levels of management. These functions are related but not interchangeable, especially planning and controlling.
Practise Principles of Management
138 free Principles of Management MCQs from Management Sciences, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Exams that ask Management Sciences questions like this
Management Sciences is on 2 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
More Principles of Management questions
A company that controls market by offering same products as of competitors, considered as?
'Patents' can be the best classified as?
The company matches its capabilities with environmental demands is?
The 'competitive strategy' includes?
A "Strategic plan' is also called?
When the company has a single product line, it is said to be a part of?