_______ is the likelihood that economic mismanagement will cause drastic changes in a country's business environment that adversely affect the profit and other goals of a business enterprise.

Question

Quizplus · Accepted Answer

Economic risk refers to the possibility of economic mismanagement leading to major changes in a country's business environment that can have a negative impact on a business's profitability and other objectives. This may include changes in economic policies, financial markets, inflation rates, currency exchange rates, and other factors that can affect the overall economic conditions in which a business operates. Industrial risk, commercial risk, legal risk, and incompetence risk are other types of risks that businesses may face, but they are not specifically related to economic mismanagement.

_______ Is the Likelihood That Economic Mismanagement Will Cause Drastic