risk and reward 5.0 / 5 based on 1 rating ? Applied Businessrisk and rewardGCSEOCR Created by: jademillwardCreated on: 16-01-17 13:40 examples of businesses taking risks investing money in a new product, taking on a new supplier, changing core business activity, relocation, new ideas 1 of 6 risk likelihood of failure 2 of 6 reward potential benefits 3 of 6 main rule the greater the risk, the greater the reward 4 of 6 factors affecting risk and reward amount of money involved, personal experience and knowledge, personal attitude to risk, size of potential reward 5 of 6 what happens if a business doesn't take risks lose out on competition, failure to keep up with trends, lack of growth/loss of sales 6 of 6
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