____ Refers to the Potential Harm That a Product or Service

question 96

Multiple Choice

____ refers to the potential harm that a product or service might pose to one's safety.

• A) Social risk
• B) Uncertainty risk
• C) Time risk
• D) Physical risk
• E) Performance risk

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Definitions:

Customer Goodwill

Refers to the favorable reputation a business gains due to positive customer experiences and is seen as an intangible asset.

Outsourcing

The practice of having certain job functions or tasks performed by external entities or individuals, typically to reduce costs or improve efficiency.

Complexity

Refers to the state of having multiple interconnected parts, making a system or problem challenging to understand, predict, or control.

Disparate Subcomponents

Diverse and different parts or elements that together make up a complex system.