Financial risk and business risk are simply different ways of saying the same thing.

Question

Quizplus · Accepted Answer

Financial risk refers to the risk of loss due to changes in financial markets or economic conditions, such as interest rates, exchange rates, or credit risk. Business risk refers to the risk of loss due to factors such as competition, changes in technology, or poor management decisions. While they are related, they are not the same thing.

Financial Risk and Business Risk Are Simply Different Ways of Saying