Every business faces risks in the real world,so every business plan needs to spend some time addressing them.

Question

Quizplus · Accepted Answer

Risk assessment and management is an essential part of any business plan. A well-rounded business plan takes into account the potential risks a business may face and outlines strategies to minimize or mitigate them. Ignoring potential risks can lead to unexpected consequences that could negatively impact the success of the business. Therefore, it is true that every business plan needs to spend some time addressing these risks.

Every Business Faces Risks in the Real World,so Every Business