MANAGEMENT

BUISENESS MANAGEMENT

RISK MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following constitutes a risk?Page 49
A
Needle-stick exposures
B
Back injuries during training
C
SCBA failures leading to injury
D
All of these choices are risks.
Explanation: 

Detailed explanation-1: -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.

Detailed explanation-2: -A risk is the chance of something happening that will have a negative effect. The level of risk reflects: the likelihood of the unwanted event. the potential consequences of the unwanted event.

There is 1 question to complete.