[Solution]Types Of Risks That A Business Might Encounter In Marketplace

In a free-market economy, firms face some degree of uncertainty or risk. Some of this risk is controllable, and some are not.     Identify…

In a free-market economy, firms face some degree of uncertainty or risk. Some of this risk is controllable, and some are not.
 
 
Identify the different types of risks that a business might encounter in the marketplace and identify whether they are controllable or uncontrollable. Justify your answer.

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