what do you mean by business risk?
Answers
Answer:
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. However, sometimes the cause of risk is external to a company.
Answer:
ok
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. ... However, sometimes the cause of risk is external to a company.
Here are seven types of business risk you may want to address in your company.
Economic Risk. The economy is constantly changing as the markets fluctuate. ...
Compliance Risk. ...
Security and Fraud Risk. ...
Financial Risk. ...
Reputation Risk. ...
Operational Risk. ...
Competition (or Comfort) Risk. ...
Accept, But Plan.