What is a Business Risk and How can it be identified?
Business risk is defined as the factors that will lower company’s profits or lead to its failure. Business risk can happen because of internal as well as external factors of company. It is practically not possible for a company to completely shelter itself from any kind of risk. The only way is to reduce the overall risks associated with the business by creating a strong risk management strategy. The type… Read More »What is a Business Risk and How can it be identified?