Question

three characteristics of business risk​

Answer 1

Answer:

Characteristics of Business Risk:

• The Time.
• The Size of Business Enterprise.
• Nature of Business Risks.
• Terms of Sales.
• The Degree of Competition.
• The Competence of Management.
• The Age of the Business Enterprise.
• Opportunities for Gains are Hidden in Business Risks.

Explanation:

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Answer 2

There characteristics of business risk are:

1. Uncertainty : Business risks occur due to uncertainty and unexpected events.
2. Difficult to measure: Some risk can be anticipated, but all future risks cannot be predicted.
3. Variability: The degree of risk depends on the size and nature of business.

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