After analyzing his business venture, Jim chalked out a business plan, which included maintaining a high liquidity to cover any cash crunch at a future date. He also insured his inventory to cover all losses that could arise due to theft and damage as his goods are transported and stored in warehouses all over the country. How would you classify his plan? Jim’s business policy could be classified as a plan.
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After analyzing his business venture, Jim chalked out a business plan, which included maintaining a...
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