Question

Write a notes on the following:
Pervasiveness of risks in business

Answer 1

Answer:

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

Explanation:

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Answer 2

Answer:

Here's your answer..

Explanation:

Pervasiveness of risks in business

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.