BUISENESS MANAGEMENT
RISK MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Fraud
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Loss of computer
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Environment
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Entry errors
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Detailed explanation-1: -Environmental risks to health include pollution, radiation, noise, land use patterns, work environment, and climate change. These risks are driven by policies in sectors outside the health sector, such as energy, industry, agriculture, transport, and land planning.
Detailed explanation-2: -Organizations should identify which risks pose a threat to their operations. Potential threats include location hazards such as fires and storm damage, alcohol and drug abuse among personnel, technology risks such as power outages, and strategic risks such as investment in research and development.
Detailed explanation-3: -Climate change is increasingly recognised as a risk for business owners. Climate-related risks to your business may include: growing frequency and/or severity of extreme weather – you may have increasing insurance costs, more damage to property and resources, and disruption of power and water.