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Question
What does Rohit's Bakery illustrate about business risk?
Options
Risks never occur in established businesses.
All risks lead to business failure.
Uncertainties like fewer customers or expensive ingredients are inherent business risks.
Risks only affect new businesses.
MCQ
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Solution
Uncertainties like fewer customers or expensive ingredients are inherent business risks.
Explanation:
Rohit's Bakery demonstrates that business risks,such as fluctuating demand and rising costs,are natural parts of business operations, and success comes from managing them effectively.
shaalaa.com
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