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QuizMultiple Choice

Business Risks

Question 1 • Small Business Entrepreneurship A (IS)

The rules and regulations associated with employee protection and environmental concerns is called _____ risk.

Answer
A
strategic
B
financial
C
compliance
D
operational

Explanation

Risk related to following laws, regulations, and required standards is called compliance risk. Rules that protect employees and address environmental concerns are regulatory requirements, so the correct choice is compliance.

AI-written and checked against the verified answer.

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