Question

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➡describe risk in BUSINESS?

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Answer 1

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$\bold{Q.}$Describe risk in business.

$\bold{Ans.}$ Following are the risk in a business...

$\bold{i.)\:Business\:risks\:arise\:due\:to\: uncertainties\::}$
Uncertainties refers to the lack of knowledge about what is going to happen in future.

$\bold{ii.)\:Risk\:is\:an\:essential\:part\:of\:every\: business\::}$Every business has some risk. No business can avoid risk, although the amount of risk may vary from business to business.

$\bold{iii.)\:Degree\:risk\:depends\:mainly\:upon\:the\:nature\:and\:size\:of\:business\::}$
Nature of business and size of business are the main factors which determine the amount of risks in a business.

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Answer 2

Explanation:

Following are the risk in a business...

$\bold{i.)\:Business\:risks\:arise\:due\:to\: uncertainties\::}$i.)Businessrisksariseduetouncertainties:

Uncertainties refers to the lack of knowledge about what is going to happen in future.

$\bold{ii.)\:Risk\:is\:an\:essential\:part\:of\:every\: business\::}$ii.)Riskisanessentialpartofeverybusiness: Every business has some risk. No business can avoid risk, although the amount of risk may vary from business to business.

$\bold{iii.)\:Degree\:risk\:depends\:mainly\:upon\:the\:nature\:and\:size\:of\:business\::}$iii.)Degreeriskdependsmainlyuponthenatureandsizeofbusiness:

Nature of business and size of business are the main factors which determine the amount of risks in a business..