Question

define nature of business risk.​

Answer 1

$\mathfrak{dear\;shivi \:di }$

$\mathfrak{question-}$ $\textsf{what is consumer's equilibrium?}$

$\mathfrak{here\:is\:the\:solution\:for \:the question }$

$\textsf{Business risk can be}$  defined as uncertainties or unexpected events.$\textsf{ In simple words, we can say business risk means a }$$\textsf{chance of incurring losses or less profit than expected.}$

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Answer 2

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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