Asked by Steffen Morales on Jun 08, 2024

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Which part of a business plan looks at significant factors that could affect the company negatively?

A) Critical risks and problems
B) Financial projections and requirements
C) Design and development plans
D) Operations plan
E) Exit strategy

Critical Risks And Problems

Significant challenges or threats that could impact the success of a project or venture.

Business Plan

A detailed document outlining the objectives of a business, the strategy and tactics planned to achieve them, and the expected financial performance over a period of time.

Financial Projections

Estimates of future financial performance, including income, expenses, and cash flow, over a specific period.

  • Understand the parts and value of a business plan.
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TD
Taylor DouglasJun 12, 2024
Final Answer :
A
Explanation :
Critical risks and problems is the section of a business plan that looks at significant factors that could affect the company negatively. This includes identifying potential threats to the business such as competition, changes in the market or industry, regulatory changes, and financial risks. The purpose of this section is to assess the risks and to outline strategies to address and mitigate them.