Question

what is business risk? explain the nature of business risk? ​

Answer 1

Nature of Business Risk. 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.

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Answer 2

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Nature of Business Risk. 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.