Consider the statement below and answer the question that follows:

The tnumh errnomir climate heinhtened polfical uncertainty and Rand volatility that was seen in $2017$ put the hospitality industry under pressure as consumers became more conservative. This made it even more necessary to strengthen the Sun International's balance sheet, contain costs and streamline operations to ensure that the organisation operated as efficiently as possible.

The statement above is an example of Sun International managing the $$ risk factor.

Select one:

a$.$ market

b$.$ strategic

c operational

d$.$ reputational