CBSE BOARD X, asked by arshiya5, 1 year ago

define nature of a business risk

Answers

Answered by SyraDua
17

Answer:

Business risk can be defined as uncertainties or unexpected events, which are beyond control. In simple words, we can say business risk means a chance of incurring losses or less profit than expected.

Explanation:

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Answered by johanmaddukuri036
6

Answer:

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.

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