01Which decision shows understanding of opportunity cost?किस निर्णय में अवसर लागत की समझ दिखाई देती है?
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Business Studies
Business Risk
In Class 11 Business Studies, this topic explains why business activities involve uncertainty and the possibility of loss despite careful planning. Students learn the meaning and nature of business risk, its main causes—such as changes in demand, competition, technology, government policy, and natural events—and how risk differs from uncertainty. As part of Business, Trade and Commerce, the topic helps students understand the challenges entrepreneurs and business organisations face while conducting commercial activities.
Hard · Level 1 · 1 questions