2
QuizMultiple Choice

Business Risks

Question 2 • Small Business Entrepreneurship A (IS)

A possible risk from a business move is called _____ risk.

Answer
A
strategic
B
financial
C
operational
D
compliance

Explanation

A risk connected to a business move or decision about the company’s direction is strategic risk. Financial risk involves money and financing, operational risk involves day-to-day processes, and compliance risk involves failing to follow laws or regulations. Therefore, the answer is strategic risk.

AI-written and checked against the verified answer.

Previous
Next