Knightly Pvt. Ltd., an eyewear firm based in Texas, has business operations across various countries. When a financial meltdown occurred in Texas and in its surrounding areas, a number of people lost their jobs and were unemployed. However, this major crisis did not affect the operations of Knightly Pvt. Ltd., as it functioned across many nations. This implies that the organization had diversified its _____ by not being completely dependent on its operations in the United States.

Knightly Pvt. Ltd., an eyewear firm based in Texas, has business operations across various countries. When a financial meltdown occurred in Texas and in its surrounding areas, a number of people lost their jobs and were unemployed. However, this major crisis did not affect the operations of Knightly Pvt. Ltd., as it functioned across many nations. This implies that the organization had diversified its _____ by not being completely dependent on its operations in the United States.

Knightly Pvt. Ltd., an eyewear firm based in Texas, has business operations across various countries. When a financial meltdown occurred in Texas and in its surrounding areas, a number of people lost their jobs and were unemployed. However, this major crisis did not affect the operations of Knightly Pvt. Ltd., as it functioned across many nations. This implies that the organization had diversified its _____ by not being completely dependent on its operations in the United States.


A. political risk
B. cultural risk
C. legal risk
D. business risk
E. lifetime risk


Answer: D. Business risk


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