Things to be Included in Risk Bearing Functions:
Here I am going to list down the points or tasks that are mainly performed within the risk-bearing functions by an entrepreneur:
You take the risk to compete well in the market and the risk as per the market demand.
To upgrade your product or service as technology changes is a risk.
To bring a sudden change in your business policies because you are restricted by the government.
To change the pricing of your product or service as per your financial position and market competition.