1.01 Nature of Risk Management - CLASSWORK

1.01 Nature of Risk Management - CLASSWORK

11th Grade

25 Qs

quiz-placeholder

Similar activities

Pre-Test Entreprenuership

Pre-Test Entreprenuership

11th Grade

20 Qs

INCOMPLETE RECORDS

INCOMPLETE RECORDS

11th - 12th Grade

20 Qs

Network

Network

6th - 12th Grade

20 Qs

Public Speaking Semester 1 Exam

Public Speaking Semester 1 Exam

9th - 12th Grade

20 Qs

Accounting Definition, Users and Branches w/ Accounting Equation

Accounting Definition, Users and Branches w/ Accounting Equation

11th Grade

20 Qs

BTEC Component 3

BTEC Component 3

10th - 11th Grade

26 Qs

QUIZ 4 : TOPIC 8 [PROCESS COSTING]

QUIZ 4 : TOPIC 8 [PROCESS COSTING]

1st Grade - University

20 Qs

1.01 Nature of Risk Management - CLASSWORK

1.01 Nature of Risk Management - CLASSWORK

Assessment

Quiz

Business

11th Grade

Practice Problem

Hard

Created by

Fran Clark

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of 'risk' in a business context?

The possibility of only loss

The possibility of only gain

The possibility of loss or gain

The certainty of success.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A speculative risk in business can result in a loss, no change, or a ______.

gain

loss

certainty

failure

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary goal of risk management in the business world?

To avoid all risks

To lessen or eliminate the impact of pure risks

To increase speculative risks

To ignore business losses.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Risk management helps a business to be ______, not reactive, in facing risk.

passive

proactive

indifferent

aggressive

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are hazard risks in the context of business?

Risks that cause financial loss

Risks that cause injury or harm to people, property, or the environment

Risks that improve business operations

Risks that are purely strategic.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fill in the blank: Cybercrime is considered a ______ risk because it can be very costly to companies.

financial

operational

hazard

strategic

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are some examples of external financial risks that can impact a company's cash flow?

Inflation

Interest rate increases

Credit downgrades

All of the above.

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?