Chapter 15:Transformation of a business plan into an action plan
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Last updated 6:38 PM on 7/9/24
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5 Terms
1
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Business plan
A formal written document describing the goals of a business and the methods of how to achieve those goals.
2
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Action plan
A checklist of the steps or tasks you need to complete to achieve the goals you have set.
3
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Gantt chart
A bar chart that provides a visual timeline of how the tasks are scheduled.
4
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Timelines
A sequence of related events arranged in chronological order and displayed along a line to keep track of the activities.
5
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Work breakdown structure (WBS)
Divides the business plan into smaller project stages and shows exactly what must be done.
