Question

Explain any four features of Business risk?​

Answer 1

Answer:

Business Risks Arise Due to Uncertainties Future is uncertain and one cannot predict exactly what is going to happen. Therefore, uncertainties and contingencies like natural calamities, changes in government policies, changes in demand and prices, etc create risk for business.

Answer 2

Answer:

Business risks refers to the possibility of inadequate profits or even losses due to uncertainties or unexpected events. Eg- change in taste and fashion of customers, increase in competition, change in government policies etc. ... Risk can be minimised (through insurance) but cannot be eliminated.Apr 22, 2015