C- Compliance risk relates to following the appropriate laws applicable on the specific organisation and reporting them to the respected authority.
Laws are the most basic yet mandatory compliance and following them is important as misbehavior will lead to penalties and punishments. Laws also refer to the base of functioning of an organisation in a particular way.
- A business is subject to various risks depending upon its scale and nature of business. Laws relating to employee protection refers to igloo the rights of employees and providing them aid at different aspects of life.
- Not only the employees but their families also need to be protected and taken care of by ways such as providing them insurances, education to their children, healthcare aid and timely salaries to the employees.
- It should also be noted that, protection of environment is equally important. The organisation should function as per the limits provided in the laws and comply with them. No harm shall be caused to the environment over and above the limit .
Hence, the correct option is C compliance risk relates to protection of employees and the environment.
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