Question

Briefly describe physical causes of business risks

Answer 1

heya

The Answer is ==> Causes of Business Risks. Business risks arise due to a variety of causes, which are classified as follows: Naturalcauses: These include probability of loss due to floods, storms, cyclones, earthquakes and such other convulsions of nature. They result in heavy loss of life, property and income in business.

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Answer 2

Physical causes :-

All the causes which result in damage of acids are considered as physical causes, for example, change in technology may result in machinery being out dated, use of old Technology, mechanical defects may also resulting damage of acids such as posting of boiler, accident to employee etc.