Which of the following is not one of the ways that the business plan will determine if the business has a chance of becoming successful?
A) Decrease the likelihood of the venture's success.
B) Test the feasibility of the business concept.
C) Attract bank loans and investors.
D) Improve your business planning process to become more manageable and effective.

Question

Quizplus · Accepted Answer

Decreasing the likelihood of the venture's success is not a purpose of a business plan. A business plan is designed to test the feasibility of a business concept, attract financing, and improve the planning process, all of which aim to increase, not decrease, the likelihood of success.

Which of the Following Is Not One of the Ways