MANAGEMENT

Detailed explanation-1: -Recessions are significant, widespread, and sustained contractions of economic activity marked by declines in the gross domestic product (GDP). Businesses large and small face declines in sales and profits in a recession.

Detailed explanation-2: -Business risk usually occurs in one of four ways: strategic risk, compliance risk, operational risk, and reputational risk.

Detailed explanation-3: -Economic risk is referred to as the risk exposure of an investment made in a foreign country due to changes in the business conditions or adverse effect of macroeconomic factors. read more like government policies or collapse of the current government and significant swing in the exchange rates.

Detailed explanation-4: -Positive: The country’s economic risk may decrease within two years. Stable: The economic risk is projected to remain the same within two years. Negative: The economic risk could increase within two years.