A source of business risk is a change in
A)technology.
B)consumer preferences.
C)input prices.
D)All of the above

Question

Quizplus · Accepted Answer

All of the above options - technology, consumer preferences, and input prices - can impact a business's risk. Technological advancements can disrupt industries, rendering some businesses irrelevant or requiring significant investment to keep up. Changes in consumer preferences may lead to decreased demand for certain products or services, causing revenue streams to dry up. Input price changes can also increase costs for a business, squeezing profit margins. Therefore, all of these factors are sources of business risk.

A Source of Business Risk Is a Change in