Answer to Question #235703 in Psychology for Phindile Dlamini

Question #235703
Explain why its is important to consider a management plan when perusing a business plan?
1
Expert's answer
2021-09-13T17:12:02-0400

A management plan is crucial because it helps accomplish goals entailed in a business plan in many ways; these include clarifying the roles and responsibilities of the different stakeholders in the management of a business. It also helps to identify goals and objectives to improve resource utilization, set performance and management of employees. 


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