MANAGEMENT

BUISENESS MANAGEMENT

RISK MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which Risk IS NOT relevant to Astra Group?
A
Regulatory Risk
B
Credit Risk
C
Volatility of Commodity Price
D
Climate Change
Explanation: 

Detailed explanation-1: -The impacts of climate change on different sectors of society are interrelated. Drought can harm food production and human health. Flooding can lead to disease spread and damages to ecosystems and infrastructure. Human health issues can increase mortality, impact food availability, and limit worker productivity.

Detailed explanation-2: -The risks of climate change can be divided into two categories: physical and transition risks. The physical risks are risks resulting from climatic events, such as wildfires, storms, and floods, whereas transition risks result from policy action taken to transition the economy off of fossil fuels.

Detailed explanation-3: -Physical climate risks are either acute or chronic. Acute risks include droughts, floods, extreme precipitation and wildfires. Chronic risks include rising temperatures, the expansion of tropical pests and diseases into temperate zones, and an accelerating loss of biodiversity.

There is 1 question to complete.