BUISENESS MANAGEMENT
RISK MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is NOT one of the four types of risk?
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Natural
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Political
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Human
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Economical
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Explanation:
Detailed explanation-1: -Risk factors mentioned include political instability, legal and regulatory constraints, local product safety and environmental laws, tax regulations, local labor laws, trade policies, and currency regulations.
Detailed explanation-2: -Meanwhile, a decrease of consumer income, which leads to a reduction in the consumption level, is due to economic factors that affect growth, such as an increase in unemployment levels. This is not a political risk.
Detailed explanation-3: -A tax increase is never the result of political forces and can therefore not be considered a political risk.
There is 1 question to complete.