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“No Business is risk free”. In the light of this statement, explain the concept of business risk, its nature and any three causes of business risk |
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Answer» Answer: Explanation: you can reduce risk but not eliminate risk from buisness risk is an essential part of buisness natural risk- the risk is CONTROL by nature so you can't prepared in advance for this risk Economic risk- recession period or price fluctuation in primary raw materials human cause |
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