Threats to overall business success are called __________ risks.
A)strategic
B)operational
C)financial
D)reputation
E)functional

Question

Quizplus · Accepted Answer

Strategic risks refer to threats to the overall direction and success of a business. These may include changes in the market, shifts in consumer behavior, or new competition. Operational risks refer to threats to the day-to-day operations of a business, financial risks refer to threats to financial stability, reputation risks refer to threats to brand image and perception, and functional risks refer to threats to specific business functions or processes. While all of these risks may impact overall business success, the question specifically asks for the term for threats to overall success, which is strategic risk.

Threats to Overall Business Success Are Called __________ Risks