03 which item does not cause any business risk
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Answer:
Changing government policy does not cause any business risk.
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Which item does not cause any business risk?
a). breakdown of machinery
b). Efficient management
c). Riot
d). Changing government policy
Answer:
b). Efficient management does not cause any business risk.
Explanation:
- Efficiency in management refers to carrying out tasks with the least amount of resource waste, which also refers to making the best use of resources possible so that the company may maximise its profit.
- The foundation of societal prosperity is effective management, which improves economic output and, in turn, raises human welfare.
- By preventing the squandering of limited resources, good management makes a challenging work easier.
- The standard of living is raised.the ratio of a company's operating income to its capital investment.
- An excellent illustration of capital efficiency is a tiny restaurant with $40,000 in capital that generates $400,000 in operating income.
- An excellent illustration of capital efficiency is a tiny restaurant with $40,000 in capital that generates $400,000 in operating income. It is the duty of managers to make optimal use of all forms of capital, including money, real estate, buildings, equipment, and technology.
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