Terms Beginning With 'b'

Business Risk

  • January 15, 2020
  • Team Kalkine

The threat to a company’s ability to achieve the financial goals is termed as a business risk. Business risk can be of several types such as Strategic risk, Financial risk, Compliance risk, Financial risk and Operational Risks. Once the business risk has been identified the company has four option i.e.  avoid it, reduce it, accept it or transfer it.

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