What Is the Definition of Business Risk

question 45

Multiple Choice

What is the definition of business risk?

• A)An event or action which will make it more difficult for an organization to achieve its objectives.
• B)An event or action which causes an organization to become bankrupt.
• C)An event or action which causes an organization's financial statements to be materially incorrect.
• D)Unfortunate events or actions which are common to all businesses in the economy.

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Definitions:

Ethnic Groups

Collections of people who share common linguistic, cultural, ancestral, or national characteristics.

Trusts And Monopolies

Economic arrangements or corporations that hold a dominant position or exclusive control over a market or industry, often leading to reduced competition.

Economic Depression

A prolonged period of significant decline in economic activity across a broad spectrum of the economy, marked by high unemployment and low production and consumption.

National Legislation

National legislation refers to laws and regulations enacted by a country's legislative body that apply throughout the entire nation, governing matters of national concern such as defense, economy, and civil rights.