Question

which are the various types of business risks​

Answer 1

Answer:

answer is a man who work in a national thermal corporation in electricity generation it is very dangerous for Aman who work in in national thermal power corporation

Answer 2

Answer

There are two types of business risk.

1.speculative risk

This risk involve both the possibility of gain and loss.It arises due to market conditions,including fluctuations in demand and supply ,changes in price and tastes of the consumer etc.

2.pure risk

This risk involve only the possibility of loss or no loss.The chance of fire,theft or strikes are examples of pure risk.

Hope it will help