medium
Single Answer
0Myles wants to describe the impact of noncompliance with regulations on his organization’s business. If his organization is not compliant, what impact is most likely to occur related to his customers?
Answer Options
A
Fines
B
Contractual impacts
C
Loss of license
D
Sanctions
Correct Answer: B
Explanation
Myles should be concerned about contractual impacts as part of his customer relationships. Noncompliance with regulations is likely to make him unable to fulfill contracts or to be in violation of contractual terms that require his company to be in compliance. Fines, loss of license, and sanctions may also occur, but they are less directly impactful to customers and are not guaranteed.