Business risk is the possibility of losses associated with the assets and earnings potential of a company, including the firm's reputation.

Name: Business risk is the possibility of losses associated with the assets and earnings potential of a company, including the firm's reputation.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Business risk is defined as the potential for financial loss or harm to a company's reputation. It encompasses risks related to market factors, competition, economic conditions, and management decisions.

Business Risk Is the Possibility of Losses Associated with the Assets