Across
- 3. economic causes results in higher unexpected cost of ____________________ of business.
- 6. risk can be minimised but cannot be _______________.
- 8. lack of knowledge about what is going to happen in future.
- 9. ___________ demand results in long sales and profits.
- 10. ____________________ of raw materials in market may shoot up the product's price.
- 12. causes, this involves dishonesty, carelessness of employees, strikes, riots, management failure,etc.
- 16. demand fora particular product may decline due to change in tastes and preferences of whom?
- 17. profit is ____________ for risk-taking.
Down
- 1. which risk involves both possibility of gain, as well as the possibility of loss.
- 2. when cost of production increases _____________ reduces
- 4. no risk no ______________.
- 5. human beings have little ______________ over natural calamities, property and incoming business.
- 7. who takes business risks?
- 11. degree of risk depends mainly upon the nature and size of _______________.
- 13. speculative risks arise due to____________________in demand and supply.
- 14. risk, chance of fire followed by theft and strike are examples of ______________risk.
- 15. risk, possibility of inadequate profits or even losses due to uncertainties or unexpected events.
