Checkout Several Factors Which Are Used To Measure An Industry Risk.
By Businessmogul | self meida writer
Published 4 days ago - 0 views
The business and industry sector is one which had been generating money for different countries over the years. There is no business with any risk, there is a saying stating that the higher the risk, the greater the profits.
Due to my research, I was able to arrive at the conclusion that there are several factors that are used to measure an industry risks.
1. The Growth Prospect happens to be one of the factors which are used to measure an industry risk level. They are used when the future outlook needs to be evaluated.
2. The relative power of suppliers and consumers are also another factors which are used to measure an industry risk. You should pay close attention towards them.
3. The competitive threats are also one of the several factors which are used to measure an industry risk.
4. The risk of product substitution is also one of the several factors which would be used to measure an industry risk.
5. The complexity of an industry is also another factors which would be used to measure an industry risk.
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