Understand the Problem
The image discusses various types of risks that businesses face, including strategic risk, compliance risk, fraud risk, and others. Each type of risk is defined with examples and implications for the business environment.
Answer
Strategic Risk, Compliance Risk, Fraud Risk, Reputation Risk, Transaction Risk, Disaster Risk, and Regulatory Risk.
The different types of risks listed are Strategic Risk, Compliance Risk, Fraud Risk, Reputation Risk, Transaction Risk, Disaster Risk, and Regulatory Risk.
Answer for screen readers
The different types of risks listed are Strategic Risk, Compliance Risk, Fraud Risk, Reputation Risk, Transaction Risk, Disaster Risk, and Regulatory Risk.
More Information
Strategic Risk involves poor business decisions, Compliance Risk arises from legal non-compliance, Fraud Risk involves misuse of systems, Reputation Risk is due to negative public opinion, Transaction Risk is due to internal system inadequacy, Disaster Risk involves natural calamities, and Regulatory Risk involves government policy changes.
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