Business Studies, asked by saurabh7198, 9 months ago

What is businesses risk? What is its nature.

Answers

Answered by harsh74999

2

Business risks. The term business risk refers to the possibility of inadequate profits or even losses due to uncertainties e.g., changes in tastes, preferences of consumers, strikes, increased competition, change in government policy, obsolescence etc.

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Answered by sapna1980jain

3

Answer:

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

Nature of business risks can be understood in term of follow characteristics.

# business risks arise due to uncertainties

# risks is an essential part of every business.

#profit is the reward for risk taking

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