The importance of management is based upon what
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Based on the given matrics, the firm with more business risk is Purple Panda.
<h3>Why does Purple Panda have more business risk?</h3>A company is said to have more business risk if the standard deviation of its expected Net operating profit after tax (NOPAT) is high.
This is because there is a greater variation in the NOPAT which means that a company has a greater risk of making less as well as more returns. Purple Panda has a high NOPAT standard deviation and so is riskier.
Find out more on Business risk at brainly.com/question/713210.
