Question

what do you mean by business risk?

Answer 1

The main types of risk to consider are: strategic, for example a competitor coming on to the market. compliance, for example responding to new health and safety legislation. financial, for example non-payment by a customer or increased interest charges on a business loan.

Answer 2

Hey mate here is ur answer...!!!!!

______________________________

The term business risk refers to the possibility of inadequate profits or even losses due to uncertainties or unexpected events.
______________________________

Hope it helps..✌️✌️