Ch.5- Managing Risk

Multiple Choice

A business ____ is the possibility of loss that comes with operating the business.

• reward

• risk

• racoon

Word Cloud

What word comes to mind when you think of the term "Ethics"?

Multiple Choice

Which of the following is not a necessary quality of an effective code of ethics?

• Be general enough to apply to many situations, yet specific enough to offer practical guidance.

• Reflect the values of the individual who created it, without considering those it affects.

• Reflect idealistic values while also providing realistic guidelines.

• Respect the beliefs of others who may be impacted by it.

Multiple Choice

What are the three C's of a business plan?

• Competition, Compromise, and Cost

• Concept, Customer, and Capital

• Commerce, Compliance, and Coordination

• Curiosity, Creativity, and Confusion