Explain the concept of business risk and its causes ¿?¿? ..
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Explain the concept of business risk and its causes ¿?¿? ..
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Answer:
Business risk refers to the uncertainties that leads to unprecedented profits or losses. The causes may be as follows: Natural Calamity: Natural calamities like flood, earthquake, famine cannot be controlled. Such calamities result in a great loss of property and resources.
Answer:
"Business risk refers to the uncertainties that leads to unprecedented profits or losses. The causes may be as follows: Natural Calamity: Natural calamities like flood, earthquake, famine cannot be controlled. Such calamities result in a great loss of property and resources."
Explanation:
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