multiple choice dealing with competition from creation of a new product is an example of how to deal with…

multiple choice dealing with competition from creation of a new product is an example of how to deal with this type of risk. financial risk operational risk strategic risk compliance risk

multiple choice dealing with competition from creation of a new product is an example of how to deal with this type of risk. financial risk operational risk strategic risk compliance risk

Answer

Brief Explanations:

Strategic risk involves long - term decisions and competitive positioning. Creating a new product to deal with competition is a strategic move, aiming to change the company's market position and competitiveness. Financial risk relates to money - matters like cash flow, debt. Operational risk is about day - to - day operations. Compliance risk is about adhering to laws and regulations.

Answer:

C. strategic risk