CBSE BoardEnglish MediumSTD 12 CommerceEntrepreneurshipEntrepreneurial Planning1 Mark
Question
How is 'internal operational plan' different from other formats of business plans?
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Answer
Elevator Pitch, A pitch deck with oral narratives, a written presentation for external stakeholders, are business plans prepared for different stakeholders like potential investors, customers, etc. Whereas, Internal Operational Plan is a detailed plan needed by the management which may be of no interest to external stakeholders.
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