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• Financial risk: This is the risk that a business might not be able to meet its financial obligations, such as its debt payments. Financial risk can be controlled by managing a business’s finances carefully and by maintaining a healthy balance sheet.
• Technological risk: This is the risk that new technologies might make a business’s products or services obsolete. Technological risk can be controlled by investing in research and development and by staying up-to-date on the latest technologies.
• Natural disasters: This is the risk that a natural disaster, such as a flood, earthquake, or hurricane, might damage a business’s property or disrupt its operations. Natural disasters are generally uncontrollable, but businesses can try to mitigate their impact by purchasing insurance and by having disaster recovery plans in place.

It is important to note that these are just some of the many types of risk that a business might encounter. The specific risks that a business faces will vary depending on the industry that it is in and the overall economic environment.