what is business risk?what is its nature?
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4
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we can define risk as uncertainty in regard to cost or loss or damage..
its nature are as follows;:
#it is unavoidable
#it depends on the size of business
#it is the result of uncertainty
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Answered by
4
Answer:
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.
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