What is business risk what is its nature
Asked by admin @ in CBSE BOARD X viewed by 264 People
What is business risk ? what is its nature ?
Answered by admin @
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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