Question: Mr John, an engineer by profession, has developed an industrial motor powered by hydrogen fuel. This innovative engine has the potential to slash the company's

Mr John, an engineer by profession, has developed an industrial motor powered by hydrogen fuel. This innovative engine has the potential to slash the company's operating costs by two

-

thirds compared to previous expenses. However, lacking a background in finance and management, John seeks your guidance to grasp the significance of business planning in effectively harnessing the potential of his invention. List five advantages of a business plan.

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marks

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