The government of Ugania had been extending huge amounts of loans to the business enterprises in the country. However, the borrowers failed to generate the profits necessary to repay their debts. As a result, national banks in Ugania had a lot of nonperforming assets on their books, and the Uganian currency was devalued. In this context, the business enterprises in Ugania are most likely to face which of the following type of risk?
A. Ethical
B. Economic
C. Technological
D. Legal
E. Sociological
Answer: B. Economic
Business
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In organization development, a practitioner must consider not only the external environment of the organization, but also _____
a. customers b. suppliers of production inputs c. the needs of society d. the needs of employees e. answers c and d
Business
What are some of the reasons why strategy evaluation is becoming increasingly difficult with the passage of time?
What will be an ideal response?
Business