Consider the Following Examples of Risk: I

question 10

Multiple Choice

Consider the following examples of risk: i. A corporation is unable to issue bonds because its credit rating is too low.ii. A U.S. auto manufacturer tries to market a car in Mexico. The car does not sell because the Spanish translation of its name means "it doesn't go."
Iii) An employee receives insufficient training in how to use specialized software.iv. Due to employee theft, a corporation spends more than anticipated buying new tools
The risks listed above contain examples of all the categories in Brown's risk taxonomy except:

• A)Financial
• B)Operational
• C)Strategic
• D)Hazard

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Definitions:

Good X

A term used to represent an unspecified product or commodity in economic models and analyses.

Good Y

Refers to a hypothetical product or commodity used in economic models and theories to analyze market behaviors and consumer preferences.

Units

Refers to a single, distinct item or entity that is part of a larger quantity, often used in the context of measurement or count.

Utility Function

A mathematical representation that ranks an individual's preference for different combinations of goods or outcomes.