One Category of Risks That Are Considered in an Enterprise

question 14

Multiple Choice

One category of risks that are considered in an enterprise risk management program is risks that are external to the organization.Such risks include demographic trends,acts of competitors,and industry sector trends.This risk is

• A)systems risk.
• B)strategic risk.
• C)operational risk
• D)hazard risk.

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Definitions:

Communication

The process of transmitting information, ideas, emotions, skills, and knowledge between two or more individuals through verbal, written, nonverbal, and digital means.

Unavailable

Not able to be used, accessed, or participated in due to various reasons.

Inflexibility

The lack of willingness or ability to change or adapt as circumstances require.

Rapid Change

A swift adjustment or transformation experienced by an individual, organization, or environment.