What are the Characteristics of Business Risks?
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Characteristics of Business Risk:
1)The Time. In ancient times, business-risks were less and limited.
2)The Size of Business Enterprise.
3)Nature of Business Risks.
4)Terms of Sales.
5)The Degree of Competition.
6)The Competence of Management.
7)The Age of the Business Enterprise.
8)Opportunities for Gains are Hidden in Business Risks.
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