Which of the following type of risk could result in bankruptcy?

Which of the following type of risk could result in bankruptcy?
A . Marginal
B . Negligible
C . Critical
D . Catastrophic

View Answer

Answer: D

Explanation:

Catastrophic risk causes critical financial losses that have the possibility of bankruptcy.

Incorrect Answers:

A: Marginal risk causes financial loss in a single line of business and a reduced return on IT investment.

B: It causes minimal impact on a single line of business affecting their ability to deliver services or products.

C: Critical risk causes serious financial losses in more than one line of business with a loss in productivity.