Business Risk

3. who takes business risks?
5. speculative risks arise due to________________in demand and supply.
7. human beings have little ______________ over natural calamities, property and incoming business.
9. no risk no ______________.
10. chance of fire followed by theft and strike are examples of ______________risk.
12. , lack of knowledge about what is going to happen in future.
13. ___________ demand results in long sales and profits.
14. profit is ____________ for risk-taking.
15. this involves dishonesty, carelessness of employees, strikes, riots, management failure, etc.
17. degree of risk depends mainly upon the nature and size of _______________.

1. demand for a particular product may decline due to change in tastes and preferences of whom?
2. risk can be minimised but cannot be _______________.
4. when cost of production increases _____________ reduces
6. ____________________ of raw materials in market may shoot up the product's price.
8. economic causes results in higher unexpected cost of __________________ of business.
11. , possibility of inadequate profits or even losses due to uncertainties or unexpected events.
16. which risk involves both possibility of gain, as well as the possibility of loss.