Question

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?

Answer 1

Answer:

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.