EBK UNDERSTANDING MANAGEMENT
10th Edition
ISBN: 8220101442185
Author: MARCIC
Publisher: YUZU
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Question
Chapter 12, Problem 16SL
Summary Introduction
To Select:
Rate the statement on the scale of 1 to 7 "Significance of opportunity to create close friendship under the job".
Introduction:
A close friend is one with whom one can share everything. A close friendship is one wherein both the parties are at comfort without having any fear of opinion.
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5. A risk that has both a high impact and high probability is referred to as
A. Negligible
B. Moderate
C. Low
D. Extreme
6. A business continuity plan is mainly used to_
A. Increase profits
B. Handle daily tasks
C. Prepare for disruptions
D. Advertise services
7. What is the role of a risk owner?
A. To finance the risk
B. To monitor and manage a specific risk
C. To create risks
D. To avoid planning
8. Early warning indicators help businesses to
A. Avoid legal actions
B. Grow rapidly
C. Detect potential risks
D. Hire employees
9. A hazard-based risk includes
A. Political instability
B. Ergonomic issues
C. Market demand
D. Taxation changes
1. What is the primary purpose of risk management in small businesses?
A. To eliminate all risks
B. To predict profits
C. To reduce and control risks
D. To create new risks
2. Which of the following is a type of operational risk?
A. Interest rate change
B. Natural disaster
C. Supplier failure
D. Tax policy change
3. SWOT analysis identifies all EXCEPT
A. Strengths
B. Weaknesses
C. Tactics
D. Opportunities
4. Which strategy involves taking no action against a risk?
A. Mitigation
B. Avoidance
C. Acceptance
D. Transfer
5. A risk that has both a high impact and high probability is referred to as
A. Negligible
B. Moderate
C. Low
D. Extreme
6. A business continuity plan is mainly used to_
A. Increase profits
B. Handle daily tasks
C. Prepare for disruptions
D. Advertise services
7. What is the role of a risk owner?
A. To finance the risk
B. To monitor and manage a specific risk
C. To create risks
D. To avoid planning
8. Early warning indicators help businesses to
A. Avoid legal actions
B. Grow rapidly
C. Detect potential risks
D. Hire employees
9. A hazard-based risk includes
A. Political instability
B. Ergonomic issues
C. Market demand
D. Taxation changes
Chapter 12 Solutions
EBK UNDERSTANDING MANAGEMENT
Ch. 12 - Prob. 2OTJVCCh. 12 - Prob. 1DQCh. 12 - Prob. 2DQCh. 12 - Prob. 3DQCh. 12 - Prob. 4DQCh. 12 - Prob. 5DQCh. 12 - Prob. 6DQCh. 12 - Prob. 7DQCh. 12 - Prob. 8DQCh. 12 - Prob. 9DQ
Ch. 12 - Prob. 10DQCh. 12 - Prob. 4SLCh. 12 - Prob. 5SLCh. 12 - Prob. 6SLCh. 12 - Prob. 7SLCh. 12 - Prob. 8SLCh. 12 - Prob. 9SLCh. 12 - Prob. 10SLCh. 12 - Prob. 11SLCh. 12 - Prob. 12SLCh. 12 - Prob. 13SLCh. 12 - Prob. 14SLCh. 12 - Prob. 15SLCh. 12 - Prob. 16SLCh. 12 - Prob. 1GLCh. 12 - Prob. 2GLCh. 12 - Prob. 3GLCh. 12 - Prob. 1ALCh. 12 - Prob. 2ALCh. 12 - Prob. 3ALCh. 12 - Prob. 1EDCh. 12 - Prob. 2EDCh. 12 - Prob. 3EDCh. 12 - Prob. 1CFCACh. 12 - Prob. 2CFCACh. 12 - Prob. 3CFCA
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