BUISENESS MANAGEMENT
RISK MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following fit the category of external risks?
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Project delays, budget under-runs, movement of city utilities
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Regulatory, currency changes, taxation
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Natural disasters, regulatory, design
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Inflation, design, social impact, Political unrest, budget overruns, size and complexity of the project
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Explanation:
Detailed explanation-1: -External hazard risks include storms, floods, earthquakes, and other natural disasters; vandalism, sabotage, and terrorism; and civil unrest and labor strikes.
Detailed explanation-2: -The three types of external risks include economic factors, natural factors, and political factors.
Detailed explanation-3: -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.
There is 1 question to complete.