BUISENESS MANAGEMENT
RISK MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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From the three actions Tom Brown is undertaking, which is categorized as a pure risk?
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Buying 100 lottery tickets
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Selling his house even though he receives less than he paid for it because he thinks prices will fall further.
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Going horse riding without wearing a riding helmet
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none of above
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Explanation:
Detailed explanation-1: -The risk management process consists of three parts: risk assessment and analysis, risk evaluation and risk treatment.
Detailed explanation-2: -Broadly speaking, there are two main categories of risk: systematic and unsystematic.
There is 1 question to complete.