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Home › Bihar Board Class 12 (Commerce) › Business Studies › Small Business › Which planning tool do over half of small firms …

Which planning tool do over half of small firms lack, despite its importance for success?

ABusiness plan
BTrade licence
CPatent record
DAudit report
Answer & Solution
Correct answer: A. Business plan
A written business plan is considered a key success factor, yet most small firms do not have one.
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