Good business planning involves the identification of risks such as operating risks and financial risks.

Question

Quizplus · Accepted Answer

Good business planning involves identifying and assessing both operating and financial risks to mitigate and manage them effectively. These risks can vary based on the industry, location, size, and nature of the business. Therefore, it's essential to identify and understand the potential risks upfront to develop effective strategies and contingency plans to address them.

Good Business Planning Involves the Identification of Risks Such as Operating