Question: Systemic and existential risks are uncontrollable risks that impact all of higher education. Institutional risks are generally caused by the inability to fulfill an institutional

Systemic and existential risks are uncontrollable risks that impact all of higher education. Institutional risks are generally caused by the inability to fulfill an institutional objective. Unit level risks generally relate to an existing, broken process.

A 20% decline in state tax revenues is a:

	A.	systemic risk
	B.	institutional risk
	C.	unit-level risk
	D.	none of the above

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