Final answer:
Strikes, lawsuits, regulatory actions, and increased competition are examples of economic risks, which fall under the category of nondiversifiable or systematic risks. These are risks that individuals have little control over and that can significantly impact businesses and economies. Therefore correct option is C
Step-by-step explanation:
Strikes, lawsuits, regulatory actions, and increased competition are all examples of economic risks. Economic risks are occurrences over which individuals have very little control and can substantially impact organizations and economies. Events like natural disasters, wars, or massive unemployment can create situations where it becomes difficult for people to meet their needs and provide for themselves and their families.
These types of risks are part of the broader category of nondiversifiable risks, also known as systematic risks. Unlike diversifiable risks, which can be reduced through diversification of assets and investments, nondiversifiable or systematic risks affect the entire market or economy and cannot be mitigated solely by holding a variety of investments.