Question
What type of business risk should risk managers assess when looking at potential changes in government?
(1 point)
Responses
people
people
competitive
competitive
social and cultural
social and cultural
regulatory
(1 point)
Responses
people
people
competitive
competitive
social and cultural
social and cultural
regulatory
Answers
GPT-4o mini
The type of business risk that risk managers should assess when looking at potential changes in government is **regulatory**. Changes in government can often lead to new regulations, amendments to existing laws, or shifts in policy that can significantly impact businesses.