risk

Cards (7)

  • Economic risk refers to erratic economic changes that can decrease sales, revenue, or profits.
  • Financial risk, in essence, refers to internal and external circumstances that directly impact a company’s profits.
  • Risks of security and fraud. In today’s rapidly evolving business environment, an increasing number of individuals rely on e-commerce, 
  • Compliance Risk. Businesses must abide by local laws and regulations restricting various business processes, regardless of their business type. 
  • Human risk. Simply put, employees’ failure or inability to carry out their essential responsibilities at work can result in human risks for businesses.
  • Risk of Reputation. A good business reputation is essential to running a successful business because it demonstrates honesty and trustworthiness
  • Competitive Risks. Competitive risk arises when a company loses ground to its rivals after establishing itself in an industry.