cause of create business risk
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Explanation:
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.
The main causes of business risk are as under:
Natural Factors. There are certain nature factors like floods, earthquake etc. ...
Competition. ...
Change in demand for the product. ...
Use of Modern Technology. ...
Human Causes of Business Risk. ...
Change in Government Policies. ...
Mismanagement.
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