Question

name the bussines snd loss​

Answer 1

Explanation:

This makes us realize that bigger a company is, more are the chances of widening of losses.

In this article, we talk about the 10 biggest loss-making companies in 2020. What’s different this time is that companies this time don’t belong to a particular niche or segment.

Rather they are conglomerates in their sector, the only thing that brings them together under one roof is that they are also India’s biggest loss-making companies in 2020.

The list is compiled by Finshots.in – a renowned platform for all kinds of financial news and updates. Let’s check out what is there in the compilation.

1 – GMR:

Headquartered in New Delhi with a global presence in other continents including Nepal, Indonesia, Singapore, Philippines & Greece. It might take some hours to throw some light on its business portfolio and business verticals, but GMR’s business ranges from energy, power generation to solar energy, hydropower.

Answer 2

Answer:

The two characteristics of business which involve possibility of loss are :

(i) Uncertainty of return : There is always uncertainty of return and possibility of loss . Every businessman invests money in his / her business with the objective of earning profit . however , there is always a possibility of loss.

(ii) Element of risk : Risk implies the uncertainty of reward or the possibility of loss . there is always some element of risk involved in business because the future is uncertain . The risks are related to changes in consumer taste and fashions , strikes or lock - outs at the work place , increased competition , fire , theft , accidents , etc.

I hope its helpful for u