Question
Which of the following business risks would a company be most able to avoid through internal action?
(1 point)
Responses
hazardous
hazardous
regulatory
regulatory
competitive
competitive
cultural
(1 point)
Responses
hazardous
hazardous
regulatory
regulatory
competitive
competitive
cultural
Answers
GPT-4o mini
The business risk that a company would be most able to avoid through internal action is **cultural**.
Cultural risks refer to the internal dynamics and culture of an organization, including employee morale, attitudes, and alignment with company values. Companies have direct influence over their internal culture and can implement training programs, communication strategies, and management practices to shape and improve it.
On the other hand, hazardous, regulatory, and competitive risks are often influenced by external factors and may be more difficult to mitigate solely through internal actions.
Cultural risks refer to the internal dynamics and culture of an organization, including employee morale, attitudes, and alignment with company values. Companies have direct influence over their internal culture and can implement training programs, communication strategies, and management practices to shape and improve it.
On the other hand, hazardous, regulatory, and competitive risks are often influenced by external factors and may be more difficult to mitigate solely through internal actions.