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Entrepreneurial Planning — Entrepreneurship STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceEntrepreneurshipEntrepreneurial Planning3 Marks
Question
How is organizational plan important to a potential investor?
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Answer

Various aspects of organizational plan provides the potential investor with a clear understanding of:
  1. who is going to control the organisation
  2. how other members will interact in performing the management functions.

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