______isk has been defined as the likelihood that political forces will cause drastic changes in a country's business environment that adversely affect profit and other goals of a business enterprise.

Question

Quizplus · Accepted Answer

Political risk refers to the risk that a business enterprise faces due to changes in the political environment of a country, such as changes in government policies, regulations, or instability, leading to adverse impacts on profits and other business goals. Legal risk refers to the risk of legal actions or penalties that may affect the business operations. Operational risk refers to the risk of losses due to internal factors such as system failures, human error, or inadequate controls. Transfer risk refers to the risk arising from fluctuations in foreign exchange rates, interest rates, or other financial transactions affecting the transfer of funds. Therefore, Choice C) Political is the best answer.

______Isk Has Been Defined as the Likelihood That Political Forces