Answer:
The last part of this question is misaligned. However, I'll answer this question as follows;
Explanation:
Businesses have different types of risks. One example is compliance risk; occurs when a business fails to adhere to government rules and regulations and can lead to reputational damage or fines. Another one is financial risk which stems from poor financial planning. This can lead to losses or even bankruptcy of the business. A business may also face Physical risk caused by fire or water damage. theft and vandalism. These damages will result in meeting replacement costs or repairs.
