Question

as a owner of a business unit, what risks do you face in running it [5m] [class 11]

please answer as soon as possible ​

Answer 1

As a business owner, the various risks that I will face in running it will be financial risks.

Explanation:

• As an owner of a business unit, I would have to consider various risks while running it.
• The first and foremost risk is associated with capital. A business unit is something that would require a lot of capital without any guaranteed returns.
• Another risk would be finding suitable labor at an affordable wage rate.
• Another risk is in the form of the non-acceptance of products by the customers.
• A proper transportation and storage facility should also be found.