Home › Bihar Board Class 12 (Commerce) › Business Studies › Nature and Purpose of Business › Which statement about business risk is correct?
Which statement about business risk is correct?
AIt can be wholly removed
BOnly large firms face it
CIt can be reduced, not removed
DIt never affects profit
Answer & Solution
Correct answer: C. It can be reduced, not removed
Every business has risk, which can be reduced but never removed completely.
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