Question

tell me about business risk

Answer 1

Hey there !

The term business risk refers to the possibility of inadequate profits or even losses due to uncertainties e.g., changes in tastes, preferences of consumers, strikes, increased competition, change in government policy, obsolescence etc. Every business organization contains various risk elements while doing the business. Business risksimplies uncertainty in profits or danger of loss and the events that could pose a risk due to some unforeseen events in future, which causes business to fail.

Hope it helps you !

Answer 2

Hey mate your answer is .................

1. Timely Payment from party/whom you selling your goods.

2. Use of good raw material in production

3. Salary of Employees and Labours

4. Don't use the low quality of raw material