business risk arises due to uncertainity of future " ,explain any two nature of business risk
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1. Business risk is the possibilities a company will have lower than anticipated profits or experience a loss rather than taking a profit.
2. 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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1)Strategic risk .strategic risks can occur at any time
1)Compliance risk .compliance risk involves companies having to comply with new rules that are set by the government or by a regulatory body.
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