Question

Give four examples of busines risk due to uncertainities

Answer 1

It's a good idea to understand the different types of risks your business may face so you can recognise and plan ahead for them.

Risks can be:

opportunity-based – risk from choosing one option over other optionsuncertainty-based – risk from uncertain or unknown events such as natural disasters or loss of suppliershazard-based – risk from dangerous materials or actions.

I hope help u