MANAGEMENT

BUISENESS MANAGEMENT

RISK MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Both a source of business risk and an important part of the strategy for dealing with risk
A
Marketing Risk
B
Financial Risk
C
Legal Risk
D
Human Risk
Explanation: 

Detailed explanation-1: -Business risk is any exposure a company or organization has to factor(s) that may lower its profits or cause it to go bankrupt. The sources of business risk are varied but can range from changes in consumer taste and demand, the state of the overall economy, and government rules and regulations.

Detailed explanation-2: -Answer and Explanation: 1) Interest rate risk, market risk, inflation risk, production and marketing risk, liquidity risk, etc. are different sources of risk. 2) Unsystematic risk, residual risk, or diversifiable risk which is related to the activities and operations of the company or business can be eliminated.

Detailed explanation-3: -These threats, or risks, could stem from a wide variety of sources, including financial uncertainty, legal liabilities, strategic management errors, accidents and natural disasters. If an unforeseen event catches your organization unaware, the impact could be minor, such as a small impact on your overhead costs.

There is 1 question to complete.