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What is Understanding Business Risk Management about?

This document discusses various types of risks that businesses may face, including: 1) Business risk refers to the possibility of lower than expected profits or losses due to inherent business risks. 2) Different types of risks include political risk, inflation risk, exchange rate risk, currency risk, liquidity risk, interest rate risk, credit risk, market risk, and strategic risk. 3) Risks can be classified as pure risks (insurable risks with no chance of gain), speculative risks (with possible gains or

Author

Cheryl Diane Mae Lumantas

Language

EN