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 is useful in identifying risks?Page 51
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Past departmental statistics
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OSHA illness and injury logs
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Workers’ compensation claims history
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All of these choices are correct.
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Explanation:
Detailed explanation-1: -They could access industry research or trend reports that will highlight common risks. You can also pay attention to your competitors or companies similar to yours. Any losses, risk management successes, news releases, or even legal precedents can help you identify the same types of risks in your organization.
Detailed explanation-2: -In this context, there are a number of sources of risk for any business to consider, including risks from the marketplace, employee-related risks, and financing risks.
There is 1 question to complete.