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What do you mean by business risk?

Updated: 8/21/2019
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Q: What do you mean by business risk?
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What does business risk mean?

business risk is when you take a risk when you dont know whether its right or wrong.


What is the process for a business to accept insurance?

Not sure if you mean, if you mean for insurance to issue a policy on a business, policy will be submitted to the underwriting dept. that will review, and investigate the risk and then make the determination if their company will 'accept the risk' of insuring this business.


Does increased international business mean increased risk?

Yes, increased international business means increased risk. This is because it means that the given business is being done on a very large scale.


Examine the concept of business risk and uncertainties and explain various business risk?

business risk is the risk ,a business face ,again the achieving of its objectives ,it can be of many types , like currency risk, political risk , industry specific risk , also financial risk that can also be business risk


What of the features of business risk?

what is the features of variouse business risk


What does profit?

Profit means the difference between revenues and expenses. This left over amount is the business owner's reward for the risk they took in undertaking the business.


What is the risk involved in business debt?

Mainly 3 types of risks are involved in the debt ie. interest rate risk,Liquidity risk & credut risk. Remeber that debt doesn't mean the risk free investment.


What does the term 'compliance risk' mean?

'Compliance risk' means the risk of material financial loss, legal liability, or loss of reputation to a business as a result of its failure to comply with the law.


Financial risk of running a business?

financail risk of operating and opening a business


Is venture a verb?

It depends on what you mean. If it means to take the risk of then yes but if it means the money, ship cargo or merchandise on which the risk is taken on a business then it is a noun.


What is meant by business risk and why its important for the auditor to properly assess the risk?

Business risk means the amount of money and reputation that a business stands to lost. It is important for an auditor to assess the risk in order for the business to avoid heavy losses.


Define commercial risk?

Commercial risk is business risk. A business measures risk to determine if investments or projects are worth investing in before they do so.