Question

Rishabh had to face heavy losses in tourism business due to the devastating floods 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.​

Answer 1

Answer:

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