Question

What is business risk? State the cause of business risk

Answer 1

Answer:

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Explanation:

Explain the concept of business risk and its causes. Business risk refers to the possibility of inadequate profits or even losses due to uncertainties or unexpected events. Causes of business risks are as given under : ... they result in heavy loss of life, property and income of business.

Answer 2

Answer:

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Explanation:

Business risk is the possibilities a company will have lower than anticipated profits or experience a loss rather than taking a profit. Business risk is influenced by numerous factors, including sales volume, per-unit price, input costs, competition, and the overall economic climate and government regulations