Q1
Why is a business plan important for an enterprise? [1 Mark]
Expert Answer
Facilities plan is a periodic plan generally made for 3 to 5 years for the facilities to be developed for the business or enterprise. This is never completely done because as the business increases there will come new need of equipment or methods or space. So the plan keeps on getting changed or upgraded but is never complete. For example if we take a small retail store it starts in a small space. As time goes the need for expansion arises and with expansion new products
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