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What is risk?

What is risk?

Risk is the chance that a business decision goes wrong and the owner loses money, time or security. Business failure occurs when a business can no longer pay what it owes and has to stop trading.

1.1.2a Risk in business activity Lesson

  1. GCSE
  2. /Business
  3. /1.1.2a Risk in business activity

Step-by-step lessons on Edexcel GCSE Business 1.1.2a Risk in business activity. Each one builds up to exam-style questions. Start by mastering business terminology and the functional areas (marketing, finance, operations, HR) before moving on to the extended, evaluation-heavy questions that carry the most marks.

Lessons