What are the consequences of business failure risk?
Understand the Problem
The question is asking about the characteristics or consequences of business failure risk, specifically in a multiple-choice format. The user likely seeks to understand what impact business failure risk may have on a business's operations or financial health.
Answer
Causes the business to be less profitable than originally anticipated.
The final answer is causes the business to be less profitable than originally anticipated.
Answer for screen readers
The final answer is causes the business to be less profitable than originally anticipated.
More Information
Business failure risks can result in financial losses, damaged reputation, and reduced profitability. Managing risks is crucial to prevent these outcomes.
Tips
A common mistake is assuming business failure risk leads to positive financial outcomes, like increased dividends or improved earnings.
Sources
- 5 Potential Consequences of Ignoring Business Risk Management - americanexpress.com
- Consequences of Not Managing Risks Effectively - ServiceNow - fixinc.io
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