how risk is unavoidable explain???????
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The third type of risk that any company will face is the risk of unavoidable, uncontrollable events, such as natural disasters or political turmoil. ... Identifying possible catastrophes, and having a plan in place for what to do if it occurs is the only possible risk management strategy for these types of risks
aanya221:
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business risk can be minimized only but cannot be ovided altogether. The business has to depend upon various factors which are not stable in nature change in demand and prices wrong estimates of demand and supply nature calamities are some of the examples of uncertainty which creat risk for business.
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