Q.8)Sudden rise in the cost of operation is a cause-related to which type of business risk
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Bro May Br Natureal Bussinse
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Economic cause results in sudden rise in the cost of operation
Explanation:
- The sudden rise in the cost of operation is a cause-related to economic type of business risk.
- These include loss caused are due to economic fluctuations like changes in the market state which includes changes in demand and supply for goods and price, changes in advanced technology and production, etc.
- Financial risks include changes in interest to be paid and higher taxation payment to the government may rise the cost of operation of business due to the change of events.
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Q.8)Sudden rise in the cost of operation is a cause-related to which type of business risk
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