0
Businessmen willing take risk because they are well aware that without risk there is no gain in business. However, the risk has to be taken after considering all aspects and pitfalls if any so that even if there is any possibility of loss, the same can be kept to the minimum. The reason for such loss has to be ascertained so that the same can be overcome in the next venture.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
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
How did the word entrepreneur derived?
The word "entrepreneur" is derived from the old French word "entreprendre," which means to undertake. The American Heritage® Dictionary of the English Language, Fourth Edition, defines entrepreneur as "a person who organizes, operates, and assumes the risk for a business venture."
What is the relationship of business profits and risk assumption?
mostv risk most profit
What does a company strive to minimize?
Business risk
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.
What is the different between employment and businessman?
Employment need to work under some person Businessman need to work under Business There is no difference One thing is that employee get salary whereas Employer get all risk and rewards and benefits if it is possible Thatsit
Would the average person willingly risk his life for a friend?
Depends on the friend
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 did Juliet risk for the love of Romeo?
Her Virginity (well, she gave that up willingly), and her life (by taking the potion).
What does business risk mean?
business risk is when you take a risk when you dont know whether its right or wrong.
Financial risk of running a business?
financail risk of operating and opening a business
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.
What types of risk are involved in extending credit to business?
The risk of lending on character is called moral risk. Business risk involves lending on capacity. The risk of lending on capital is called property risk. An ideal business borrower will combine a minimum of each.
What are the characteristics of Henry sy to be a successful businessman?
Intelligent Humble Industrious (/Hard Working) Risk- Taker
What is a businessman?
A person who does some kind of a business is called a business man.Businessmen are often associated with white collar jobs. In order to avoid sexism or the perpetuation of stereotypes, the term is often replaced with "businessperson"
