BUISENESS MANAGEMENT
RISK MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Type of risk caused by human mistakes and unpredictability of consumers and employees
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Human
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Economic
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Financial
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Natural
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Explanation:
Detailed explanation-1: -Human failure in circulation can result in kick, and if not controlled, can result in a blowout accident. Human error in a casing task can also result in casing prison. And finally, human error in cementation can cause instability in a well.
Detailed explanation-2: -Types of Risks Widely, risks can be classified into three types: Business Risk, Non-Business Risk, and Financial Risk. Business Risk: These types of risks are taken by business enterprises themselves in order to maximize shareholder value and profits.
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