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What is business risk? Explain with example |
Answer» business risk refer to probability of loses due to unforeseen events. for example : change in govt. Policy, change in demand etc.<br>The term business risk refer to the possibility of a commercial business making in inadicate profit (or even losses) due to uncertainties -for example:-changes in tastes, changing performance of consumers,strikes,increased competition, changes in government policy, obstacles etc. | |