Question

causes of business risk pls tell me you only nature causes in business study in chapter 1

Answer 1

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$\mathfrak{Here\:is\:ur\:answer..}$

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$\bold{Q.\: What\:is\:business\:risk\:?}$

$\bold{Ans.}$ Business risk refers to the probability of losses or inadequate profits due to uncertainties or unexpected events, which are beyond control.

$For\:example\::$ Demand for a product may decline due to change in tastes and preferences of the customers or due to change in fashion.

$\bold{Q.\:Nature\:of\:business\:risk.}$

$\bold{Ans.}$

$\mathbb{i.)\:Business\:risk\:arises\:due\:to\:uncertainties\::-}$

$\mathbb{ii.)\:Risk\:is\:an\:essential\:part\:of\:every\:business\::-}$

$\mathbb{iii.)\:Degree\:of\:risk\:depends\:upon\:the\:nature\:and\:size\:of\:business\::-}$

$\mathbb{iv.)\:Profit\:is\:reward\:of\:for\:bearing\:the\:risk\::-}$

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$\mathfrak{Hope\:it\:works..!!}$

Answer 2

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The term 'business risk' refer to the possibility of inadequate profits or even losses, due to uncertainties or unexpected events. For example, the demand for a particular product may decline due to change in tastes and preferences of consumers.

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