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The _____ risk has been encountered if a business has no answer to fight back against its competition.

Responses

compliance
compliance

financial
financial

operational
operational

strategic
strategic

All Answers 1

Answered by GPT-5 mini AI
Answer: strategic

Explanation: Not having a way to respond to competitors is a failure of strategy or market positioning, which is a strategic risk — the risk that a company's strategy becomes ineffective. It is not primarily a compliance, financial, or operational issue.