BUISENESS MANAGEMENT
RISK MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Category of risk that cannot be prevented or predicted
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Pure
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Speculative
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Controllable
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Uncontrollable
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Explanation:
Detailed explanation-1: -Systematic risk is due to the influence of external factors on an organization. Such factors are normally uncontrollable from an organization’s point of view. It is a macro in nature as it affects a large number of organizations operating under a similar stream or same domain. It cannot be planned by the organization.
Detailed explanation-2: -The three main risk categories include internal risks, external risks, and strategic risks.
Detailed explanation-3: -Systematic risk is not diversifiable (i.e. cannot be avoided), while unsystematic can generally be avoided.
There is 1 question to complete.