Question

Business risk is the possibility of occurrence of losses or insufficient profits because

of various unexpected events which cannot be controlled by business. Explain its types

and causes.​

Answer 1

Explanation:

System Dynamics (SD) is a widely used methodology to study complex feedback structures using computer simulation models. ... These effects are analysed by measuring the change in mental models of decision makers (1) as the level of decision aid is increased and (2) as the complexity of the model is increased.