Business Risk Refers to the Potential of Loss by an International

question 22

True/False

Business risk refers to the potential of loss by an international corporation of assets,earning power,or managerial control as a result of political actions by the host country.

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Definitions:

Corporate Governance

The framework of rules, practices, and processes by which a company is directed and controlled, focusing on balancing the interests of its stakeholders.

Accountability

The obligation of an individual or organization to account for its activities, accept responsibility for them, and disclose the results in a transparent manner.

Ethical Misconduct

Behavior by an individual or organization that violates accepted moral standards or principles.