Briefly describe physical causes of business risks.
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Business risk is the possibilities a company will have lower than anticipated profits or experience a loss rather than taking a profit. Business risk is influenced by numerous factors, including sales volume, per-unit price, input costs, competition, and the overall economic climate and government regulations.
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business risk arises from a number of physical causes. like flood, earthquake, cyclone, strom, etc. They result in heavy loss of life, property and income in business.
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