Which of the following statements best describes strategic risk?
A) Risk that relates to monetary loss
B) Risk that relates to adverse business decisions
C) Risk that relates to loss resulting from inadequate or failed processes or systems
D) Risk that relates to violations of laws, rules, regulations, or policy

Question

Quizplus · Accepted Answer

Strategic risk involves risks that arise from making adverse business decisions or failing to implement decisions properly. It is concerned with the potential for losses that a company might face if its business strategy is not effectively executed or if it fails to respond adequately to changes in the external business environment.

Which of the Following Statements Best Describes Strategic Risk