Question

Type writes becoming redundant because of laptops.
which characteristic of business is being referred to in all
the above cases?
How can you classify the different causes
based of this
characteristic?​

Answer 1

Explanation:

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.