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Business entity risk exposures
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[QUOTE="Holicent, post: 306123, member: 76163"] The potential threats or vulnerabilities that a business entity faces in its day-to-day operations are referred to as business entity risk exposures. Market conditions, economic factors, legal and regulatory requirements, technological advancements, and internal operational issues are all potential sources of these exposures. Instances of business element risk openings include: Credit risk, liquidity risk, market risk, and operational risk are examples of financial risks. Risks related to laws and regulations, such as breaking them, getting into legal trouble, and infringing on intellectual property. Risks to a company's reputation, such as negative publicity, a decline in customer confidence, and harm to the brand's image. Competitiveness, shifts in market dynamics, and innovation are examples of strategic risks. Risks related to operations, such as disruptions in the supply chain, malfunctions in equipment, and cyberattacks. Businesses can come up with plans and put them into action by figuring out and evaluating these risk exposures. [/QUOTE]
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