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How does the element of risk affect business operations?
  • a)
    It guarantees profits
  • b)
    It introduces uncertainty in earnings
  • c)
    It reduces competition
  • d)
    It simplifies decision-making
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
How does the element of risk affect business operations?a)It guarantee...
The element of risk introduces uncertainty in business earnings, making it essential for businesses to have strategies to manage potential losses and fluctuations in income.
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