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Risk Management
Page 5
Questions (239)
What is risk reduction?(1 point)
Responses A strategy whose goal is to eliminate the risk of loss by stopping the action or
1 answer
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17 views
What is risk transference?(1 point)
Responses A strategy whose goal is to eliminate the risk of loss by stopping the action or
1 answer
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12 views
What risks can the following fixed assets be exposed to and what can the business do to prevent or compensate for them? Quantify
1 answer
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17 views
What risks can the following fixed assets be exposed to and what can the business do to prevent or compensate for them? Quantify
1 answer
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Someone is retiring next year. What would be an appropriate amount of risk to take with their investments?
Question 8 options:
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Reflect on the aspects of your startup idea and identify five areas that have the potential to introduce risk.
If you don’t
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Risk management plans outline the ways in which you’ll respond to internal and external risks for your specific type of
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21 views
what is some potential risks that may affect an clothing business?
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For each risk, write individual bullets to indicate whether the risk is speculative or pure, controllable or uncontrollable, and
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For each risk, indicate with bulleted text whether you will attempt to avoid, reduce, transfer, or accept the risk.
Describe
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Which is an example of a company experiencing external risk?
(1 point) a toy store operating in an area with no families or
1 answer
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60 views
The story of Amazon’s Jeff Bezos putting $100 million worth of toys
into his company’s inventory is an example of: (1 point)
1 answer
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Entrepreneurs need to _____ and _____ risk to be successful.
(1 point) identify, build evaluate, manage plan, create find,
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When Tabitha opened her architectural planning firm, she spent
months considering the risks and figuring out how to manage each
1 answer
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28 views
what is the purpose of risk management as a whole
- to avoid any risky behaviors - to transfer all risk to another - to learn to
1 answer
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15 views
Create a risk profile on any small business with name having less than 500 employees
Consider this questions Are the risks to the
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To be successful, a team must balance risk and benefits. (1 point)
A) True B) False
1 answer
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J
27 views
To be successful, a team must balance risk and benefits.(1 point)
True False
1 answer
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August
15 views
Are you a risk-taker or are you risk-averse? As a business owner, would you want to create more policies to control things or
11 answers
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A risk analysis can serve as the background for establishing policies and procedures for a company.
Responses True True False
1 answer
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Place the following steps in the correct order.
Identify the source of the threat Identify possible risks Analyze magnitude of
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Reputational risk occurs when?
1 answer
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Create a 5 risk management profile on tech company and evaluate whether the risk is speculative or pure, controllable or
1 answer
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16 views
When you drive, __________.
A probability of a collision is certain B risk is only present before a collision C risk is always
1 answer
asked by
AR
7 views
Are you a risk-taker or are you risk-averse? As a business owner, would you want to create more policies to control things or
1 answer
asked by
Guest
8 views
Are you a risk-taker or are you risk-averse? As a business owner, would you want to create more policies to control things or
1 answer
asked by
Guest
10 views
make a short agreement with this statement
As a business owner, maintaining a balanced approach to risk may be beneficial. Being
1 answer
asked by
Guest
8 views
To be successful, a team must balance risk and benefits.(1 point) Responses True True False
1 answer
asked by
Andrew willams
9 views
Ahmed is planning to open a tax consulting business. What is a risk when running a service business?
(1 point) services can be
1 answer
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15 views
The story of Amazon's Jeff Bezos putting \$ 100 million worth of toys into his company's
inventory is an example of: hazardous
1 answer
asked anonymously
16 views
When Tabitha opened her architectural planning firm, she spent months considering the risks and figuring out how to manage each
1 answer
asked anonymously
8 views
A business owner who has liabilities that exceeds the value of the assets in the business and results be unable to use the
1 answer
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2 views
Just as there is more to risk management than insurance, there are more careers in risk management than selling insurance. Using
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Define risk management and risk assessment and critically examine the difference
between them.
1 answer
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Are you a risk-taker or are you risk-averse? As a business owner, would you want to create more policies to control things or
1 answer
asked anonymously
2 views
Are you a risk-taker or are you risk-averse? As a business owner, would you want to create more policies to control things or
1 answer
asked anonymously
2 views
As a business owner, maintaining a balanced approach to risk may be beneficial. Being overly risk averse may result in missed
1 answer
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1 view
I feel I may be a bit of both a risk-taker and a risk-averse. In business, it is good to maintain that balance and to determine
1 answer
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2 views
Which business plan section would list the different types of risks that are associated with operating the business and how you
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1 view
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