📄 Abstract
Business involves a large variety of decisions in an environment of uncertainty which, in turn, involve a Variety of business risks. Such risks occur as per arise uncertainties concerning the occurrence of a loss which may be due to (i) variability in future outcomes, (ii) possibility of an adverse deviation from that hoped for and/or (iii) variation in possible outcomes that exists in a given situation. There can be a variety of loss exposures like loss exposures for property, liability, business income, human resources, crime, employees benefits and foreign loss exposure. These are due to exposure of the business enterprises to a variety of risks, such as, competitors risk, economic risk, environmental risk, resources risk, technological risk and financial risks including counterparty, funding, currency and interest rate risks.
📚 How to Cite:
Dr.Abdullah Khalid , FROM TRADITIONAL TO DYNAMIC: EXPLORING NEW DIMENSIONS IN BUSINESS RISK MANAGEMENT , Volume 10 , Issue 7, july 2023, EPRA International Journal of Economics, Business and Management Studies (EBMS) ,