Which of the following factors will lead to a high level of risk for an organisation?

I. Hiring a new chief operating officer who had no experience with the industry.

II. Business unit managers are not encouraged to make decisions autonomously.

III. Business units in different geographical locations use different inventory system.

IV. Low transaction velocity

a.

I and II

b.

II only

c.

I, III, and IV

d.

I only

e.

I and III