A name that encompasses all of the major risks faced by a business firm is
A)financial risk.
B)speculative risk.
C)enterprise risk.
D)pure risk.

Question

Quizplus · Accepted Answer

Enterprise risk encompasses all of the major risks faced by a business firm, including financial risk, speculative risk, and pure risk. It refers to the comprehensive approach of managing all risks that may impact the organization's ability to achieve its objectives.

A Name That Encompasses All of the Major Risks Faced