Q4.Chanchal and Komal are two twin sisters. They have completed their M.Com. studies. Now they are in the search of employment. After a thorough study they decided to set up a flour mill. Their main job was to purchase wheat from the market and have it ground into flour. Their flour was available in the packing of 5 kg, 10kg, and 50 kg. They named their brand “Mann Ka Dular” and also decided that they would only have 8% profit on cost. Their activity of buying and selling is continuous. In no time their brand became popular in the market. The main reasons for their popularity were ‘superior quality and low prices’. The business was running well. But on one day their factory caught a terrible fire. They have to suffer a heavy loss. The brave sisters did not lose their heart. Gradually their business was back to normal. Now they are fully satisfied with their business.
On the basis of the information given in the above paragraph tell to which aspect of business is it related.
Quoting the relevant lines write about four points in the context of (i).
Answers
Answered by
7
Answer:
element of risk
Explanation:
the hindrance of risk can be removed by insurance
Answered by
0
Answer:
risk sharing
Explanation:
risk is divided here
more funds
sharing of risk
secretary
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