Home › CBSE Class 11 (Commerce) › Business Studies › Business, Trade and Commerce › Which statement about business risk is correct?
Which statement about business risk is correct?
AIt can be removed fully
BIt exists only in large firms
CIt can be minimised, not removed
DIt is the same for all firms
Answer & Solution
Correct answer: C. It can be minimised, not removed
Every business has some risk that can be reduced but never removed entirely.
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