________ is the risk of being unable to cover operating costs of a firm.
A) Systematic risk
B) Business risk
C) Financial risk
D) Diversifiable risk

Question

Quizplus · Accepted Answer

Business risk refers to the risk of a firm not being able to cover its operating costs due to various factors such as declining sales, increasing competition, and changes in consumer preferences. This type of risk is specific to the individual company and cannot be diversified away.

________ Is the Risk of Being Unable to Cover Operating