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24 November, 13:44

Bobby's farm is always subject to the weather. A bad storm or drought can devastate his crop. What type of risk does Bobby's business face?

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  1. 24 November, 13:53
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    operational risk

    Explanation:

    That unexpected event could be a natural disaster or fire that damages or destroys your physical business. Or, it might involve a server outage caused by technical problems, people, or power cut. Many operational risks are also people-related. An employee might make mistakes that cost time and money.
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