Question

what is risk can you pls define it? ​

Answer 1

business risks refers to the possibility of a commercial business making inadequate profits due to uncertainties - for example: changes in tastes, changing preferences of consumers, strikes, increased competition, changes in government policy, obsolescence etc.

business risk are of two types:-

1) speculative risk:- possibility of gain or loss

2) pure risk :- possibility of loss or no loss

causes of business risk

1) natural

2) human

3)economic

4) other

hope it helps you mark as brainliest please

Answer 2

Answer:

Risk is defined in financial terms as the chance that an outcome or investment's actual gains will differ from an expected outcome or return. Risk includes the possibility of losing some or all of an original investment.