When social unrest and disorder in a country causes drastic changes in its business environment that adversely affect the profit and other goals of a business enterprise, the business enterprise is said to be facing which of the following type of risk?
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Consider the statement below and answer the question that follows: The tough economic climate, heightened political uncertainty and Rand volatility that was seen in 2017 put the hospitality industry under pressure as consumers became more conservative. This made it even more necessary to strengthen the Sun International’s balance sheet, contain costs and streamline operations to ensure that the organisation operated as efficiently as possible. The statement above is an example of Sun International managing the ________ risk factor.
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