Question

"profit is the reward for risk taking" comment
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Answer 1

Answer:

Profit is considered as a reward for assuming several business risks . An entrepreneur invests capital and undertakes business risk to earn profits. Profit serve as a protection against those risks which cannot be insured. By building up reserves , business enterprise can face risks like fall in demand, pilferage , breakdown of machinery, adverse gov. policy, etc..

Explanation:

Answer 2

Hello !

Yes it is true statement. because if person take risk in business there is a chance of great profit. Yes it is true because those who take risk in business may be they can get more profit.

Hope It Helps u :)