MANAGEMENT

BUISENESS MANAGEMENT

RISK MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
All of the following are steps that should be taken in a risk assessment EXCEPT:
A
assume that risks are not a threat to your business until you are faced with them
B
decide how certain risks would affect your business
C
prioritize risks by the impact they will have on your business
D
educate yourself about the risks common to your type of business
Explanation: 

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: -The risk assessment process consists of four parts: hazard identification, hazard characterization, exposure assessment, and risk characterization.

There is 1 question to complete.