Home › CBSE Class 11 (Commerce) › Business Studies › Business, Trade and Commerce › A business dealing in fashionable items generall…
A business dealing in fashionable items generally faces what degree of risk?
AA high degree
BNo risk at all
CA very low degree
DA fixed degree
Answer & Solution
Correct answer: A. A high degree
The nature of goods sold affects risk, and changing fashion makes such trade highly risky.
Related questions
Which factor is most considered when choosing a location for an enterprise?What is the person who sets up a business called?Changes in competition, prices and technology are which cause of risk?Dishonesty or negligence of employees is which cause of business risk?Flood, earthquake and famine are which cause of business risk?Which statement about business risk is correct?Fire, theft and strike are examples of which type of risk?Which type of business risk involves both a chance of gain and of loss?