what do you mean by business risk? explain any two caises of business risk with example
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.
Economic causes: Inflation, unemployment, economic slowdown, etc. are examples of economic causes of business risk.Other causes: Some political events can change the business scenario. A major policy change by the government can change the business environment.
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Explanation:
Answer:
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Explanation:
The term 'Business risk' refers to the possibility of inadequate profits or even losses due to uncertainties or demand for a particular product may decline due to change in tastes and preferences of consumers or due to increased competition from other producers