For example, the demand for a particular product may decline due to a change in tastes and preferences of consumers from other producers. Decrease in demand will result in lesser sales and thereby lesser profits. This example indicates:
A. Financial Risk
B. Business Risk
C. Certaintity of Profits
D. Natural Risk
Answer:B
For example, the demand for a particular product may decline due to a change in tastes and preferences of consumers from other producers. Decrease in demand will result in lesser sales and thereby lesser profits. This example indicates:
A. Financial Risk B. Business Risk C. Certaintity of Profits D. Natural Risk