Which One of the Following Is an Example of an Internal

question 100

Multiple Choice

Which one of the following is an example of an internal risk for an organization?

• A)Changes in internal information technology.
• B)Increases in substitute services or products.
• C)Changes in the reliability of source goods.
• D)Changes in regulation that make the business model unsustainable.

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Definitions:

World Price

The international market price of a commodity or product, determined by global supply and demand forces.

Free Trade

The policy of allowing unrestricted import and export of goods between countries, without tariffs, quotas, or other restrictions.

Total Surplus

The sum of consumer and producer surplus, which measures the total benefit to society from conducting transactions in a market.

Autarky

A situation where an economy is self-sufficient and does not engage in international trade.