Which of the following terms indicates a company's potential loss of profitability caused by a nation's political or legal setting?

Question

Quizplus · Accepted Answer

Country risk refers to the potential loss of profitability that a company may face due to political or legal factors in a particular country, such as changes in regulations or government instability. Commercial risk is the potential loss of profitability due to factors such as competition or market conditions, whereas currency risk refers to the potential loss of profitability caused by fluctuations in exchange rates. Cross-cultural risk refers to potential loss of profitability due to differences in cultural norms or values between companies and consumers.

Which of the Following Terms Indicates a Company's Potential Loss