What Does Business Risk Include

question 32

Multiple Choice

What does business risk include?

• A)Economic factors.
• B)Competitive factors.
• C)Regulatory risk.
• D)All of the above.

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Definitions:

Cost Performance Index

A measure used in project management to calculate the efficiency of budgeted resources by dividing the earned value by the actual cost.

RFP

RFP stands for Request for Proposal, which is a document issued by an organization to solicit proposals from potential suppliers or service providers.

Reliability

The consistency of a test, measurement, or system’s performance over time.

Capability

The ability of an entity, whether an organization, system, or individual, to achieve its objectives or perform a specific task effectively.