INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which is an example of a company experiencing external risk?
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a paint store that manages its waste with green technologies
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a technology business operating during a power outage
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a toy store operating in an area with no families or children
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an investment company that was accused of defrauding investors
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Explanation:
Detailed explanation-1: -Good examples of external risks are natural disasters such as earthquakes and volcanoes. Insurance adjusters analyze external risks on a normal basis.
Detailed explanation-2: -Examples of operational risk include: Employee conduct and employee error. Breach of private data resulting from cybersecurity attacks. Technology risks tied to automation, robotics, and artificial intelligence.
There is 1 question to complete.