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When is a business plan usually written, and when should it be updated?
A
It is written before trading and updated only when the business changes ownership.
B
It is written before trading and updated as the business grows or costs and customers change.
C
It is written after trading begins and updated only when the business makes a loss.
D
It is written when the business first makes a profit and updated every month regardless of change.
Card 1 of 20
1.6.1 Purpose of business planning Flashcards
20 flashcards on AQA GCSE Business 1.6.1 Purpose of business planning: the key terms, formulae and case studies you need to recall for Paper 1 and Paper 2.