A fall in consumer demand for an organisation's products due to people spending less that causes the business to make less profit is an example of an external risk related to:
A) information technology.
B) pandemic.
C) Mother Nature.
D) the government.
E) the economy.

Question

Quizplus · Accepted Answer

The fall in consumer demand and spending is directly related to the state of the economy and can be considered an external risk that is beyond the control of the organization. Factors such as unemployment rates, interest rates, and inflation can all impact the economy and affect consumer behavior, ultimately impacting the profitability of businesses.

A Fall in Consumer Demand for an Organisation's Products Due