(c) Define ‘market risk’ for Mr Allejandra and explain why Gluck and Goodman’s m

(c) Define ‘market risk’ for Mr Allejandra and explain why Gluck and Goodman’s market risk exposure is

increased by failing to have an effective audit committee. (5 marks)

(c) Market riskDefinition of market riskMarket risks are those arising from any of the markets that a company operates in. Most common examples are those risksfrom resource markets (inputs), product markets (outputs) or capital markets (finance).[Tutorial