Business risk:

Question

Business risk:

Quizplus · Accepted Answer

Business risk refers to the risk associated with a company's operations, such as competition, economic conditions, changes in consumer preferences, etc. It is a component of the overall risk of a company, along with financial risk and systematic risk. Financial risk refers to the risk associated with a company's financing decisions, such as the use of debt, while systematic risk refers to the risk associated with market factors that affect all companies in a particular industry or market. Business risk is influenced by management decisions and actions, and can be mitigated through strategic planning and effective risk management practices.

Business Risk