expain two reason of business risk? Answer should me verified !
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Explanation:
Causes of Business Risks. Business risks arise due to a variety of causes, which are classified as follows: Natural causes: These include probability of loss due to floods, storms, cyclones, earthquakes and such other convulsions of nature. They result in heavy loss of life, property and income in business.
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Business risk implies uncertainty in profits or danger of loss and the events that could pose a risk due to some unforeseen events in future, which causes business to fail. ... In marketing, risks may arise due to fluctuations in market prices, changing trends and fashions, errors in sales forecasting, etc.
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