What is business risk write its causes?
Business risk arises due to uncertainties. Uncertainty is when it is not known what is going to happen in future. Examples of uncertainties that affect a business are, change in government policy, change in demand, change in technology, etc. 2.
What are business risks?
Business risk usually occurs in one of four ways: strategic risk, compliance risk, operational risk, and reputational risk.
What are the causes of business risk Brainly?
Answer: Explanation: The term 'business risk' refer to the possibility of inadequate profits or even losses, due to uncertainties or unexpected events. For example, the demand for a particular product may decline due to change in tastes and preferences of consumers.
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- what is business risk and its causes
- what is business risk
- what are the 3 types of business risk
- what are examples of business risk
- how is business risk created