Explain the nature and causes of Business Risks.
Class 11
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unpredictable and unfavourable event in future. Business risks arise due to a variety of causes, which are classified as follows. (i) Natural Causes Natural calamities like flood, earthquake, lightning, heavy rains, famine, etc are beyond human control. They result in heavy loss of life, property and income.
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3
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unpredictable and unfavourable event in future. Business risks arise due to a variety of causes, which are classified as follows. (i) Natural Causes Natural calamities like flood, earthquake, lightning, heavy rains, famine, etc are beyond human control. They result in heavy loss of life, property and income.
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