What is the definition of business risk?
A)An event or action which will make it more difficult for an organization to achieve its objectives.
B)An event or action which causes an organization to become bankrupt.
C)An event or action which causes an organization's financial statements to be materially incorrect.
D)Unfortunate events or actions which are common to all businesses in the economy.

Question

Quizplus · Accepted Answer

Business risk refers to the possibility that an event or action will make it more difficult for an organization to achieve its objectives, impacting its ability to generate profits or sustain operations.

What Is the Definition of Business Risk