Which of the following is the contingency in the critical risks and assumptions segment of the business plan that discusses events occurring within the economy and society that could negatively affect the product/service being offered?
A) Unreliable sales forecasts
B) Competition
C) Unfavorable industry-wide trends
D) Insufficient numbers of trained employees

Question

Quizplus · Accepted Answer

Unfavorable industry-wide trends refer to economic and societal events that could negatively impact the product/service, making it a contingency in the critical risks and assumptions segment of a business plan.

Which of the Following Is the Contingency in the Critical