Which of the following risks deals with the possibility that bad management, unsuccessful products, or other factors will cause the business to be less profitable than originally anticipated?

Question

Business

Hayden Schwartz

28 November, 08:05

Which of the following risks deals with the possibility that bad management, unsuccessful products, or other factors will cause the business to be less profitable than originally anticipated?

+3

Answers (1)

Know the Answer?

Sandra · Answer 1

Business failure risk

Explanation:

The risk which is associated directly with the business operation and inadequate management of a company to halt the profits, it is termed as business failure risk. Business risks often lead to lower gain or fail for the company. Generating an unsuccessful product may be the reason for business failure. That risk can be minimized by adopting a risk management strategy.