Business Risks

Which are the types of business risks?

• Strategic, operational, compliance, and reputational

• Strategic, hazard, operational, and reputational

• Reputational, competitive, compliance, and operational

• Production, reputational, operational, and compliance

Extra Mother's Day greeting cards are printed for the upcoming holiday. The company loses money due to an unintentional error on the cards and too many were printed. What type of risk was taken?

• Reputational and operational

• Operational and strategic

A retailer experiences a security incident after overlooking security regulations and the attacker publishes private information. The company receives bad publicity due to the incident. What types of risks did the retailer take?

• Compliance and reputational

• Strategic and operational