What does a business plan typically outline?

A business plan typically outlines actions and goals that support organizational strategy because it serves as a roadmap for the business to achieve its objectives. It includes details about the company’s vision, target market, competitive analysis, marketing strategies, and operational plan. This holistic view ensures that all aspects of the organization are aligned with its overall mission and strategic direction. By clearly articulating the goals and actions necessary to fulfill the organization's strategy, a business plan can guide decision-making and performance evaluation.

The other options, while important in their own right, represent more specific elements rather than the comprehensive outline that a business plan provides. Detailed financial reports, for example, are part of a business plan but focus solely on financial data rather than the broader strategic framework. Employee performance metrics are typically related to human resource management and operational effectiveness rather than the strategic goals outlined in a business plan. Similarly, company social responsibility policies might inform certain aspects of the business plan but do not encompass the full strategic approach that a business plan aims to convey.