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Is it true that there is risk in every business?
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[QUOTE="Leah Kelvin, post: 335602, member: 106815"] Risk is inevitable in any trade. Risk is integrally associated with doing business. This can be economic, financial, operational, legal or technical; every single company experiences a range of risks that influence its operation, profitability as well as longevity. These may emanate from internal issues including bad management practices or inefficiencies in operations and external factors such as market changes, the regulatory environment and economic climate. So, businesses must be able to recognize, appraise and effectively deal with these risks so as to curtail their effects on their ventures in the future for long-term achievements. [/QUOTE]
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Is it true that there is risk in every business?
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