Question

There is no element of risk in business comment

Answer 1

Explanation:

Business risk is the exposure a company or organization has to factor(s) that will lower its profits or lead it to fail. Anything that threatens a company's ability to achieve its financial goals is considered a business risk.

Yes, risk is an inevitable feature of business. A business cannot run without the element of risk. ... When a businessman decides to produce or purchase goods and services, he anticipates future and calculates risk in advance as all the business activities are planned for future and the future is always uncertain.