Q.25 Rishabh had to face heavy losses in tourism business due to the devastating flood in Kerala. In order to revive business, he has introduced many attractive travel packages and invested huge amount in promoting these lucrative offers to the prospective consumers. In context of the above case: (a) Identify and differentiate between the types of business risk being mentioned in the above paragraph.
(b) Also suggest any three ways in which business risk can be minimised.
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Umm I think I will check and reply you
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