Question: 2 of 4 6 Concepts completed ( i ) Multiple Select Question Select all that apply According to the text, which options explain why small
of Concepts completed
i
Multiple Select Question
Select all that apply
According to the text, which options explain why small business owners refrain from formal strategic planning?
Small businesses often do not have the staff or time to invest in formal strategic planning.
They may be unaware of formal strategic planning.
Many small businesses do not plan to be viable after a few years, so formal strategic planning is unneeded.
Longterm planning decreases their flexibility to meet challenges and seize opportunities.
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