Business plans should always assume expected results under given conditions which are likely to happen. True true False false Single The likelihood of events is not essential in listing risks. True false False true Single It is always worth the risk to try a business with bigger return or income. True false False true Single Competition is a common risk. True true False false Single Competition can even occur on products with less market demand. True true False false Single Good advertising is the key against competition True true False false Single Uncertainty means the situation is not clear with the cause-and-effect. True false False true Single If a business can be flexible in any condition, then it is a volatile business. True false False true Single Taxes are volatile risks. True true False false Single Business continuity are limited to events cause by disasters. True true False false Single