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14BigRetail'sCEOandCFOhaveapositiveoutlookforasignificantupliftinprofitabilityinthecurrentyear.Intheprioryear,asaresultofthepandemic,profitabilitywasdown70%,whichhadasignificantimpactonbusinessobjectives.Whichofthefollowingriskcategoriesisthemostrelevanttothisriskandwhy? Selectone: a. StrategicRisk,becausetheprofitabilityreductionintheprioryearof70%limitedtheabilityofBigRetailtoachieveitsstrategicobjectives b. Legal/RegulatoryRisk,ifthesignificantchangeinprofitabilityfortheprioryearwasnotdisclosedtothemarket c. FinancialRisk,becausethedecreaseinprofitabilitynegativelyimpactscashflow d. OperationalRisk,givenimpactsonoperationsasaconsequenceofthe70%reductioninprofit

14BigRetail'sCEOandCFOhaveapositiveoutlookforasignificantupliftinprofitabilityinthecurrentyear.Intheprioryear,asaresultofthepandemic,profitabilitywasdown70%,whichhadasignificantimpactonbusinessobjectives.Whichofthefollowingriskcategoriesisthemostrelevanttothisriskandwhy? Selectone: a. StrategicRisk,becausetheprofitabilityreductionintheprioryearof70%limitedtheabilityofBigRetailtoachieveitsstrategicobjectives b. Legal/RegulatoryRisk,ifthesignificantchangeinprofitabilityfortheprioryearwasnotdisclosedtothemarket c. FinancialRisk,becausethedecreaseinprofitabilitynegativelyimpactscashflow d. OperationalRisk,givenimpactsonoperationsasaconsequenceofthe70%reductioninprofit

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