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15 February, 02:16

In financial management, risk is referred to as the environmental factors that may affect a business adversely. internal factors that may disrupt the smooth functioning of a company. degree of uncertainty about the actual outcome of a decision. various strategies implemented by managers to increase returns.

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  1. 15 February, 02:18
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    Option C The degree of uncertainty about the actual outcome of a decision.

    Explanation:

    The reason is that risk is the vulnerability of an desired outcome and which can be measured. So if toss a coin there are 50% chances that head will appear and I will loose money and 50 percent chances that tail will appear and I win money. So undesired outcome here is head appearing because I will loose money and it has 50% chances. So risk result in undesired outcome in an uncertain environment.
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