InterviewSolution
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InterviewSolution
| 1. |
Name the reward which Businessman get to bear the risk:A. Market StandingB. GoodwillC. ProjectD. More Business |
| Answer» Option (b) goodwill is a correct answer. A businessman willingly undertakes the risk involved in the business activities because for bearing the risk,businessman gets the reward of earning profit. Risk is the price paid for getting profit. The higher the risk, the more is the profit. Generally the project with which more risk is involved generate more profit as compared to less risk projects. | |