Every setting and enterprise has some level of risk. Market price variations, changing trends and fashions, inaccuracies in sales forecasts, and other factors can all pose a risk in marketing.
A risk management consultant can assist a company in determining which hazards require insurance coverage.
Business risk is influenced by a number of different factors including: Consumer preferences, demand, and sales volumes. Per-unit price and input costs. Competition.
Answers & Comments
Answer:
Why do risks occur in business?
Every setting and enterprise has some level of risk. Market price variations, changing trends and fashions, inaccuracies in sales forecasts, and other factors can all pose a risk in marketing.
A risk management consultant can assist a company in determining which hazards require insurance coverage.
Answer:
Business risk is influenced by a number of different factors including: Consumer preferences, demand, and sales volumes. Per-unit price and input costs. Competition.