BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Speculative risk is a category of risk that, when undertaken, results in an uncertain degree of gain or loss. In particular, speculative risk is the possibility that an investment will not appreciate in value.

Detailed explanation-2: -Financial risk is the possibility of losing money on an investment or business venture. Capital risk is the potential of loss of part or all of an investment.

Detailed explanation-3: -Capital-market stakeholders are groups that affect the availability or cost of capital-shareholders, venture capitalists, banks, and other financial intermediaries. Product-market stakeholders include parties with whom the firm shares its industry, including suppliers and customers.

Detailed explanation-4: -2.1 Driving Forces of Hypercompetition. Hypercompetition is characterized by four driving forces: customer changes, technological change, falling industry boundaries and deep pockets among competitors (Rifkin, 1996). These driving forces encourage competitiveness and have thus resulted in hypercompetition.

Detailed explanation-5: -Above-average returns are earned when the firm uses its valuable, rare, costly-to-imitate, and non-substitutable resources and capabilities to compete against its rivals in one or more industries. Evidence indicates that both models yield insights that are linked to successfully selecting and using strategies.