Economics project work: Risk and it’s role in business

The purpose of this project work is studying of risk and its role in business. I chose this subject because I consider it as one of the major aspects in firm management.
It’s not easy, because it is necessary to run in time for risks. You can win a lot, however you can lose everything. The interest is very high, because the prize is very big. The main role of risk is a chance of giving a huge profit, so it is balancing between risk and a reward.

1) Introduction…………………………………………………….….3
2) What is risk?...................................……………………………..…4
3) Types of Business Risk……………………………………………7
4) Implications of Business Risk……………………………………..8
5) Usage of Business Risk……………………………………………9
6) Balancing risk and reward…………………………………………11
7) Risks in the real world……………………………………….…....12
8) Conclusion………………………………………………………...13
9) References…………………………………………………………14