Multiple choice

Which of the following is/are correct regarding risks in a business? a. Business risks arise due to uncertainties. b. Nature and size of business affect the degree of risk in a business. c. Risk is essential in business. d. Profit is the reward for risk taking.

  1. Only a and b

  2. Only c and d

  3. Only a and c

  4. Only a, c and d

  5. All of these

Reveal answer Fill a bubble to check yourself
E Correct answer
Explanation

This is the correct option as all the reasons are correct regarding risk in business.