Answer the case study.

Dear Student,
Here is your answer,

Ans(a). The aspect of business mentioned above is  Business Risk
 Business risk refers to the probability of losses or inadequate profits due to uncertainties or unexpected events, which are beyond control.

Ans(b) 

 Nature of Business Risk

• Business risk arises due to uncertainties
• Risk is an essential part of every business
• Degree of risk depends upon the nature and size of business
• Profit is the reward for bearing the risk

Regards.