What is businesses risk? What is its nature.
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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.
PLZ MARK AS BRAINLIEST
PLZ MARK AS BRAINLIEST
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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
Explanation:
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