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Define business risk.

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Define business risk.

Posted by Priyanshu Kurrey 3 years, 8 months ago

CBSE > Class 11 > Business Studies

5 answers

Kartikey Verma 3 years, 8 months ago

Business risk is defined as uncertainties or unexpected events, which are beyond control. In simple words we can say that business risk means a chance of incurring losses or less profit than expected. These factors cannot be control by the businessmen and these can result in a decline profit or lead to a loss.

Vaidehi Hammed 3 years, 8 months ago

Ans. The term business risks refers to the possibility of a commercial business making inadequate profits due to uncertainties - for example: changes in tastes, changing preferences of consumers, strikes, increased competition, changes in government policy, obsolescence etc.

Aditya Maheshwari 3 years, 8 months ago

Business risk refers to probability of losses due to unforeseen circumstances and events.

Muskan Singh 3 years, 8 months ago

Chances of inadequate profit and loss due to any cause is defined as business risk

Alok Yadav 3 years, 8 months ago

Business Risk refers to tha inadequate PROFIT or LOSS.

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