Only public companies have to be concerned with business risk.

Question

Quizplus · Accepted Answer

Business risk exists for all types of companies regardless of whether they are public or private. Business risk refers to the possibility of financial losses or other adverse outcomes resulting from factors such as market conditions, changes in regulations, competition, and operational issues. All companies, whether public or private, are exposed to various types of business risks and must take steps to manage them effectively.

Only Public Companies Have to Be Concerned with Business Risk