Which of the following statements best describes strategic risk?
A. Risk that relates to monetary loss
B. Risk that relates to adverse business decisions
C. Risk that relates to a loss from failed or inadequate systems and processes
D. Risk that relates to violation of laws, regulations, or policy
Answer: B
Explanation: Strategic risk relates to adverse business decisions. Operational risk relates to loss from failed or inadequate processes or systems. Financial relates to monetary loss, and regulatory risk relates to violation of laws, regulations, or policy.
Computer Science & Information Technology
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