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Question

23 Jan 2022

Answer :

Word Count : 356

The statement "There is no element of risk in business" is not accurate. In fact, risk is an inherent and fundamental aspect of business. Here are some key points to consider:

1. Uncertainty: Business environments are constantly changing, and there are many variables that are beyond a company's control. These uncertainties create risk, as they can lead to unexpected outcomes.

2. Financial Risk: Businesses often require investments of capital, and there is always a risk that these investments may not yield the expected returns. Economic factors, market fluctuations, and ________ _____ ________ __________ _________.
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