Chapter 3 of 8
Concept Maps
Business Risks and Causes of Failure — Concept Maps
ICSE · Class 11 · Business Studies
4 concept maps of Business Risks and Causes of Failure for ICSE Class 11 Business Studies, each also written out as a text outline.
45 questions36 flashcards5 concepts
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4 Concept Maps
Business Risks: Complete Classification and Types
The map in words
- Business Risks
- Strategic Risks
- Faulty strategies
- Acquisition mistakes
- Diversification errors
- Too rapid growth
- Financial Risks
- Declining sales
- Inability to raise funds
- High debt burden
- Cash flow problems
- Operational Risks
- Labor strikes
- Machinery breakdown
- Raw material shortage
- Power failures
- Compliance Risks
- Non-compliance laws
- Regulatory violations
- Tax violations
- CSR non-compliance
- Market and Competition Risks
- Competitor activities
- New market entrants
- Technological innovation
- Price competition
- Environmental Risks
- Natural disasters
- Earthquake, flood, storm
- Tsunami, volcanic eruption
- Weather changes
- Reputational Risks
- Employee fraud
- Trading losses
- Poor product quality
- Customer dissatisfaction
- Credit Risks
- Borrower default
- Bad debts
- Non-payment of dues
- Loan failures
- Innovation Risks
- New product failure
- Consumer non-acceptance
- Development costs
- Competitor copying
- Strategic Risks
Business Risks and Causes of Failure - Chapter Overview
The map in words
- Business Risks and Causes of Failure
- Meaning of Business Risks
- Uncertainty of Profits
- Danger of Loss
- Peril vs Hazard
- Unforeseen Events
- Nine Types of Risks
- Strategic Risks
- Financial Risks
- Operational Risks
- Compliance Risks
- Competition and Market Risks
- Environmental Risks
- Reputational Risks
- Credit Risks
- Innovation Risks
- Risk Management Methods
- Accept and Absorb
- Avoiding Risks
- Transfer Risks
- Hedging
- Underwriting
- Subcontracting
- Preventing Risks
- Forecasting and Research
- R and D
- Credit Screening
- Safety Programs
- Mitigate Risks
- Exploit Risks
- Causes of Business Failure
- Internal Causes
- Poor Management
- Premature Scaling
- Funding Shortfall
- Inadequate Profits
- Labour Problems
- Small Customer Base
- External Causes
- Economic Fluctuations
- Market Fluctuations
- Credit Non-availability
- Technology Change
- Policy and Law Changes
- Natural Disasters
- Input Non-availability
- Internal Causes
- Meaning of Business Risks
Business Risks — Complete Overview
The map in words
- Business Risk
- Meaning
- Chance of Loss
- Uncertain Future
- Adverse Outcome
- Peril Creates Risk
- Hazard Magnifies Risk
- Types of Risk
- Strategic Risk
- Wrong Strategy
- Tata Nano Example
- Financial Risk
- Debt Burden
- Cash Flow Issues
- Operational Risk
- Labour Strikes
- Power Cuts
- Compliance Risk
- GST Non Filing
- Companies Act
- Competition Risk
- New Entrants
- Jio vs Airtel
- Environmental Risk
- Natural Calamities
- Pollution Laws
- Reputational Risk
- Brand Damage
- Loss of Trust
- Credit Risk
- Bad Debts
- Loan Default
- Innovation Risk
- New Product Failure
- Tech Uncertainty
- Strategic Risk
- Methods of Managing
- Accept Risk
- Avoid Risk
- Transfer Risk
- Hedging
- Underwriting
- Subcontracting
- Prevent Risk
- Forecasting
- Safety Programmes
- RandD
- Mitigate Risk
- Contingency Plans
- Exploit Risk
- Positive Risks
- Causes of Failure
- Internal Causes
- Poor Management
- Premature Scaling
- Funding Shortfall
- Inadequate Profits
- Labour Problems
- Small Customer Base
- External Causes
- Economy Fluctuations
- Market Fluctuations
- No Credit Available
- Technology Change
- Government Policy
- Natural Disasters
- No Key Inputs
- Internal Causes
- Meaning
Business Risk and Business Failure
The map in words
- Business Risk and Business Failure
- Meaning of Business Risk
- Types of Business Risks
- Methods of Handling and Managing Risks
- Business Failure
- Internal Causes of Business Failure
- External Causes of Business Failure
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Explore DiagramsFrequently Asked Questions
What are the important topics in Business Risks and Causes of Failure for ICSE Class 11 Business Studies?
Key topics in Business Risks and Causes of Failure include Meaning of Business Risk, Types of Business Risks, Methods of Handling and Managing Risks, Business Failure and Its Causes. Study these first, then practise questions on each for Class 11 exams.
What do the concept maps for Business Risks and Causes of Failure show?
The 4 maps show how the ideas in Business Risks and Causes of Failure connect: Business Risks: Complete Classification and Types; Business Risks and Causes of Failure - Chapter Overview. Each map is also written out as an outline on this page.
How should I revise Business Risks and Causes of Failure for Class 11 exams?
Learn the core ideas first, then work through the 45 practice questions on Business Risks and Causes of Failure. Revise definitions regularly and use flashcards for quick recall before the exam.
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Practice Quiz
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Important Questions
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Revision Notes
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Chapter Summary
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Study Plan
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Flashcards
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Syllabus
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