Ent Grade 12

Ent Grade 12

10.03.2021

Multiple Choice

__________ is the failure to exercise reasonable care.

• Injury

• Accident

• Negligence

Risk Management

Objectives

• Calculate the penalty for writing a bad check

• Assess the similarities and differences between risk management of different businesses

• Evaluate the alarm systems in a retail business

Introduction

Bad checks represent another problem for businesses. As a deterrent, companies charge a service fee if a customer’s check is returned from the bank.

video

https://www.investopedia.com/terms/b/bouncedcheck.asp

Open Ended

Prasad Bodas, a retail business owner, charges customers a three pe rcent penalty for writing a bad check. Prasad increases th e penalty by adding an additional $15.00 fee. Write an equation you could use to determine the penalty for writing any bad check. What is the penalty for writing a bad check in the amount of $286?

Open Ended

Business owners can also reduce the number of bad checks with a _____________.

Multiple Choice

If you do not have a check reader, you should insist on more than one piece of _____________, including a driver’s license

• Bank card

• Social Security

• identity

• identification

Open Ended

Activity 2

Work with a partner to research ten local businesses. Group them according to the type of business, such as retail, manufacturing, or service. Identify any similarities or differences among the groups in terms of how they might approach risk management. Estimate how much the businesses would spend to reduce, transfer, or retain risk.

Open Ended

Does the risk management done by each of the businesses differ?

Alarm System

An alarm system is the control panel for a security setup. Every sensor that is included with the setup reports to the alarm system. Any adjustments to sensor settings are made using the system. The alarm system will also report out and send an alarm signal if it is ever necessary.

Alarms system

Video Surveillance Systems

Fire Alarm Systems

Security Alarm Systems

Access Control Systems

Wireless Sensors

Open Ended

Activity 3

You have decided to install an alarm system in your retail business. Call several companies in your community and ask them to send you information about their systems. In a paragraph, evaluate the products and choose the one that best serves your needs

Security system

https://www.youtube.com/watch?v=DmHhG8Ff71A

Open Ended

Why do you compare the products?

Multiple Choice

In case of a robbery ___________cameras are another valuable measure.

• Alarms

• Surveillance

• Underground

Open Ended

Plenary

Write the main points of the lesson.