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  • 3 Levels of Business Management Explained

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    Dougs Hard
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    The three levels of business management are corporate, management, and operational. A business plan is a 3-year document that defines business objectives and strategies. It includes dividing the business by service or client, setting financial targets, planning opportunities and staff resources, and creating budgets and cash forecasts to understand affordability based on estimated earnings.

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    The three levels of business management are corporate, management, and operational. A business plan is a 3-year document that defines business objectives and strategies. It includes dividing the business by service or client, setting financial targets, planning opportunities and staff resources, and creating budgets and cash forecasts to understand affordability based on estimated earnings.

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    8 views1 page

    3 Levels of Business Management Explained

    Uploaded by

    Dougs Hard
    The three levels of business management are corporate, management, and operational. A business plan is a 3-year document that defines business objectives and strategies. It includes dividing the business by service or client, setting financial targets, planning opportunities and staff resources, and creating budgets and cash forecasts to understand affordability based on estimated earnings.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    What are the three levels of business management?

    1. Corporate Level
    2.Management Level
    3.Operational Level

    What is a business plan?


    A document that defines the business objectives and suggests steps to be taken to
    realise the business strategy over the next 3 years.

    Components of a Business Plan:


    • Division of the business into service type or client segment
    • Financial performance targets
    • Plan business opportunities and allocate staff resource
    • Budgeting and cash forecasting money in vs. money out to understand what you
    can afford to pay because you estimate what you will earn
    • Plan business opportunities, identify the resource required.

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