MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Business Studies

Characteristics of Business

refer to the ...

Question

___ refer to the possibility of inadequate profits or even losses due to uncertainties or unexpected events which a business cannot control.

Open in App

Solution

Business risks

Suggest Corrections

thumbs-up

1

Similar questions

Q. The possibilities of inadequate profits or even losses due to uncertainties are known as _________.

Q. __________ may be defined as a sum set aside out of divisible profits ad retained in order to provide for unexpected or unknown contingencies or loss or to equalize dividends or to strengthen the financial condition of the business.

Retained earnings enhance the capacity of the business to absorb unexpected losses.

Mention some uncertainties which can cause losses or damage to property and lives.

Q. Which of the following is/are correct about the "Operational Risk" as used in the field of banking?
A. Risk of loss due to inadequate or failed internal process
B. Risk of loss due to natural calamities
C. Loss occurred due to non-compliance of legal procedures

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Characteristics of Businesses

BUSINESS STUDIES

Watch in App

explore_more_icon

Explore more

Characteristics of Business

Standard XI Business Studies

Join BYJU'S Learning Program

CrossIcon