Worksheets2-11 Risk Factors in Business Quiz Business U
Total questions: 22
Worksheet time: 11mins
What is the formal proceeding in the court system that helps individuals and businesses eliminate their debts?
Capitalism
Bankruptcy
Inflation
Insurance
Which economic system involves privately-owned companies driven by a profit-motive?
Socialism
Capitalism
Communism
Feudalism
The risk of a negative outcome in one's career due to action or inaction, for example, loss of income and lack of certain types of experiences.
Financial Risk
Market Risk
Career Risk
Pure Risk
What is the risk that financial stakeholders will lose money?
Career Risk
Financial Risk
Industry Risk
Cyber Security
What is the chance that factors within an industry drag down its overall performance?
Industry Risk
Career Risk
Financial Risk
Cyber Security
What term describes the increase in the general level of prices in an economy?
Deflation
Inflation
Stagnation
Recession
What is a contractual agreement where the insurer collects a premium for future loss reimbursement?
Bankruptcy
Insurance
Capitalism
Interest Expense
What is the money spent to pay for borrowed money, calculated as the interest rate times the outstanding principal?
Inflation
Insurance
Interest Expense
Bankruptcy
Which of the following is an example of market risk?
Earthquake
Inflation
Phishing
Product defect
What is a natural disaster?
A market risk
A type of malware
An event like a tornado or flood
A financial projection
What do phishing attacks aim to do?
Improve network security
Fool people into clicking on malicious links
Enhance user experience
Increase website traffic
What is product risk specific to?
A company's market strategy
A company's product quality and supply
A company's financial projections
A company's management decisions
What is pure risk also known as?
Absolute risk
Speculative risk
Management risk
Market risk
What is risk mitigation?
A process to enhance opportunities
A type of market risk
A financial estimate
A natural disaster
What is speculative risk?
When only loss is possible
When only gain is possible
When gain, loss, or no change is possible
When only no change is possible
What does a worst-case scenario consider?
The most severe possible outcome
The best possible outcome
The most likely outcome
The least severe outcome
Predicting outcomes of a decision by creating and changing a certain range of variables and calculating how changes in one variable affect the outcome of the whole.
Proforma
Sensitivity Analysis
Recession
Phishing
This occurs when a country experiences temporary economic decline, usually measured as two consecutive quarters of decline in GDP.
Recession
Worst-Case Scenario
Natural Disaster
Malware
This type of attack “kidnaps” a person’s or organization’s databases and holds all of their information hostage.
Malware
Recession
Phishing
Ransomeware
An estimate/projection of future revenues, expenses, net income, and capital needed to fund the company’s operations.
Recession
Proforma
Market Risk
GDP
The protection of networks, devices, and data from unauthorized access or criminal use, and the practice of ensuring the confidentiality, integrity, and availability of information.
Career Risk
Financial Risk
Cyber Security
Proforma
Which Type of business risk is this?
Increase of interest rate on a business loan
Strategic risk
Financial risk
Operational risk
regulatory risk
