Final answer:
The project format is popular in business as it sets known quantities, allows for different approaches, and reduces errors.
Step-by-step explanation:
The project format is popular in business for some goals because it sets up known quantities such as cost and timeframe, allowing for effective planning and resource allocation. For example, when a company wants to launch a new product, using a project format helps determine the budget and timeline needed for the development and marketing phases. Additionally, the project format allows for many different approaches to problem-solving, fostering creativity and innovation in tackling business challenges. Lastly, it lessens the possibility of errors by providing a structured framework that helps in identifying potential risks and implementing appropriate controls.
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