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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

TOPIC PRACTICE

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  1. Considering the next best benefit given up when choosing one option
  2. Completing every option at the same time
  3. Choosing only the most expensive option
  4. Completely forgetting cost

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