By forcing entrepreneurs to consider multiple outcomes and possibilities, contingency plans help a growing business deal with all of the following except ____.

Question

By forcing entrepreneurs to consider multiple outcomes and possibilities, contingency plans help a growing business deal with all of the following except ____. ​

Quizplus · Accepted Answer

Contingency plans are designed to help businesses prepare for uncertain events and changes such as economic fluctuations, new regulations, shifts in consumer preferences, and potential legal issues. They are not specifically aimed at planning exit strategies, which involve the process of leaving or selling the business.

By Forcing Entrepreneurs to Consider Multiple Outcomes and Possibilities, Contingency