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