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Question
a business plan primarily:
select one:
a. guides operations and attracts capital
b. meets tax rules
c. replaces hr
d. replaces accounting
A business plan outlines a company's goals, strategies, and financial projections. Its primary purposes are to provide a roadmap for daily operations and to demonstrate viability to potential investors or lenders, thereby attracting capital. Options b, c, and d are incorrect because meeting tax rules is the role of tax compliance documents, HR functions are handled by HR departments, and accounting is managed by accounting systems—none are replaced or primarily addressed by a business plan.
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a. Guides operations and attracts capital