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An international bank has identified the risks associated with economic changes in the countries in which it operates. Which of the following correctly describes these risks?
Suggested Answer: C
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According to1, page 15-16, external risks are ''those arising from events outside the organization'' and marketplace risks are ''those arising from changes in market conditions such as customer demand, competition, regulation''. Economic changes in different countries can affect the market conditions for an international bank's operations.
1 comments · newest first
MA
Madonna
2 hours ago
I think the risks related to economic changes are more about external factors, so maybe C) External -- Marketplace is the right choice?