Ms. Shruti wants to start a retail business of fashionable items. But she is hesitating as she is aware of risk which are inherentin every business. She approaches her friend, Miss. Pankhu, who is the owner of a retail shop. Miss Pankhu advises her to opt for business and suggest certain methods to minimize risk.a. Broadly business risk may be of two types. In the instant case, under which type does the business of Miss Shruti come?Also name the other type.b. Name the characteristic or nature of business risk which is indicated in the business of Miss Shruti.c. Business risks arise due to variety of causes. Which type of causes covered the business of Miss Shruti and how?d. Give two suggestions which might be given by Miss Pankhu to deal with risk situations.

Ms. Shruti wants to start a retail business of fashionable items. But

1.	Ms. Shruti wants to start a retail business of fashionable items. But she is hesitating as she is aware of risk which are inherentin every business. She approaches her friend, Miss. Pankhu, who is the owner of a retail shop. Miss Pankhu advises her to opt for business and suggest certain methods to minimize risk.a. Broadly business risk may be of two types. In the instant case, under which type does the business of Miss Shruti come?Also name the other type.b. Name the characteristic or nature of business risk which is indicated in the business of Miss Shruti.c. Business risks arise due to variety of causes. Which type of causes covered the business of Miss Shruti and how?d. Give two suggestions which might be given by Miss Pankhu to deal with risk situations.
Answer» ONG>ANSWER: I didn't understand this question it is so BIG question