Saved Bookmarks
| 1. |
What is business risk?what is its nature? |
|
Answer» Answer: BUSINESS risk is the exposure a company or organization has to factor(s) that will lower its PROFITS or lead it to fail. Anything that threatens a company's ability to meet its target or achieve its financial goals is calledbusiness risk. Explanation: Business risk is the POSSIBILITIES a company will have lower than anticipated profits or experience a loss RATHER than taking a profit. Business risk is influenced by numerous factors, including sales volume, per-unit price, input COSTS, competition, and the overall economic climate and government regulations. |
|