What Is the Definition of Business Risk

question 3

Multiple Choice

What is the definition of business risk?

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

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Definitions:

Areolar Tissue

A type of loose connective tissue that provides cushioning and support to the structures it surrounds.

Empty Space

Areas devoid of matter and energy, often referred to in contexts such as outer space or vacuum.

Conspicuous Fibers

refers to fibers that are easily noticeable or prominent due to their appearance, structure, or function within biological or synthetic materials.

Fibroblasts

A type of cell found in connective tissue which produces collagen and other fibers.