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Explain any three features of business risk |
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Answer» There is a lot of risk in every business.It means that there are problems and these can be the source of loss.A little mistake or helplessness in finding a solution to a problem can destroy the whole business. There is high level of risk in business as future is uncertain and there are many factors that are out of human control. Example : there is a risk of theft, earthquake, fire, change in consumer taste and other natural calamities etc. |
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