What are the trends in business risks in finance, technology, and innovation?
What are the trends in business risks in finance, technology, and innovation?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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What are the trends in business risks in finance, technology, and innovation?
Expert Solution
Step 1: Define Business risks
Business risk specifies the exposure an organization or company has the components that decrease or reduce the company profits and fail to accomplish the objective or targets of the company. The risks are the threats, or the challenges that impact the efficiency of business and disturb the smooth functioning of business. Business risk arises in the case of uncertainty, change in technology, and other factors.
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