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WorksheetsBusiness Risk
Total questions: 14
Worksheet time: 7mins
What economic system is mentioned as the foundation of the United States?
Capitalism
Socialism
Communism
Feudalism
What are examples of natural disasters?
Tornado, earthquake, hurricane, and flood
Cybercrime, malware, and ransomware
Stock market crash and inflation
Theft, vandalism, and burglary
Which of the following can interrupt service and damage company files?
Viruses, worms, and malware
Natural disasters
Speculative risks
Insurance policies
What is difficult to predict and normally occurs randomly?
Pure risk
Speculative risk
Insurance claims
Investment returns
Which risk involves the chance of a set of factors dragging down an industry's performance?
Market Risk
Product Risk
Industry Risk
Strategic Risk
What is a consequence of not paying attention to the world around you in terms of strategy?
Inflation
Misalignment with the environment
Supply chain disruption
Customer service issues
What is risk mitigation?
Evaluating risks and threats daily
Ignoring potential risks
Increasing business risks
Avoiding all risks
What is a key component of risk mitigation?
Identifying and tracking risks
Ignoring potential threats
Increasing speculative risks
Reducing business operations
What is the relationship between pure risks and speculative risks?
Both need to be prevented and managed
Only pure risks need attention
Only speculative risks are important
Neither needs to be managed
What can career risk lead to?
Increased job security
Loss of income
Guaranteed promotions
Higher job satisfaction
What is the main focus of a proforma?
Estimating future financial needs
Designing a new logo
Planning a company event
Training new employees
Who is someone that identifies an opportunity by creating a solution to a problem and starts a business?
Entrepreneur
Insurer
Investor
Lender
What is software specifically designed to gain unauthorized access to a computer or digital system?
Cyber Security
Malware
Insurance
Entrepreneur
What is the term for software that disrupts, damages, or destroys digital systems?
Cyber Security
Malware
Insurance
Entrepreneur
