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EAE 303: Managerial Economics - Business Risks Notes

Institution: Kenyatta University

Course: Bachelor of Economics

Content Category: Lecture Notes

Posted By: Kipkiruikagawa

Document Type: PDF

Number of Pages: 5

Price: KES 250
 
    

Views: 806     Downloads: 4

Summary

These notes focus on business risks.
Subject: EAE 303: Managerial Economics
Course: Bachelor of Economics
Institution: Kenyatta University

Brief Overview:

Risks experienced Include:
1) Production Risks
Production risks relate to the possibility that your yield or output levels will be lower than projected. Major sources of production risks arise from adverse weather conditions such as drought, freezes, or excessive rainfall at harvest or planting. Production risks may also result from damage due to insect pests and disease despite control measures employed, and from failure of equipment and machinery such as an irrigation pump.
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