ENTREPRENEURSHIP AND THE GLOBAL ECONOMY
CULTURAL DIFFERENCES AND ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -Identify the hazards. Decide who might be harmed and how. Evaluate the risks and decide on control measures. Record your findings and implement them.
Detailed explanation-2: -Risk Management Process. Managing risks on projects is a process that includes risk assessment and a mitigation strategy for those risks. Risk assessment includes both the identification of potential risk and the evaluation of the potential impact of the risk.
Detailed explanation-3: -Risk Management: Identify Risks The first step of risk management is to identify any risks that may impact your project. You are essentially answering the question, “What could go wrong?” It’s important to encourage critical thinking when trying to identify risks.