The change
in price, happens to be the
human type of business risk.
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0
Answer:
Human causes : Human causes include such unexpected events as dishonesty, carelessness or negligence of employers, stoppage of work due to power failure, strikes, riots, management inefficiency,
Answered by
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Answer:
Business risk can be defined as uncertainties or unexpected events, which are beyond control. In simple words, we can say business risk means a chance of incurring losses or less profit than expected. These factors cannot be controlled by the businessmen and these can result in a decline in profit or can also lead to a loss.
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