ERM: LESSON 2

Which ancient civilization created irrigation systems and storage granaries to prepare for food shortages?

(a)  

Which civilization used levees and crop diversification to manage flooding?

(a)  

In the medieval era, what system provided landowners with labor in exchange for protection?

(a)  

What organizations, formed in the medieval period, helped craftsmen and merchants by offering training, support, and quality control?

(a)  

What kind of risk arises when a person or company is legally responsible for causing harm or damage to others?

(a)  

During the Industrial Revolution, which businesses started offering protection against financial losses caused by fires and maritime disasters?

(a)  

Which period saw the introduction of formal regulations to improve workplace safety?

(a)  

Answer explanation

Industrial Revolution daw sabi ni Chatgpt

What financial tool is used to estimate potential losses in investments and banking?

(a)  

Which government agency was established to monitor financial markets and ensure compliance with regulations?

(a)  

What modern development has increased cyber threats and global financial risks?

(a)