व्यावसायिक जोखिम : अर्थ एवं विशेषताएं | Meaning & characteristics of Business Risk | Ch-1 | BST |
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Meaning of Business Risk 👇
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Business is full of different types of risks in the modern system. It is done for the future and not for the past, the future is certain. In This uncertainty gives rise to risk. what's going to happen tomorrow Nothing can be said for sure about it. business context Some examples of risks can be given as follows- Sudden fire in commercial house goods turning to ashes, sudden change in consumer interest Leaving all the goods behind, in the market of many competitions a sharp drop in profits from entry, a businessman's Sudden death causing loss of business, theft of goods become etc.
Characteristics of Business Risk 👇
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1. Risk is due to uncertainties.
2. Risk is an integral part of business.
3. Profit is the reward for risk.
4. The degree of risk depends on the size of the business.
5. The degree of risk varies with time.
6. The degree of risk depends on the nature of the business.
7. Monopoly tendency reduces or eliminates the risk.
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