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4 years ago

In risk management, What does risk evaluation involve

Business

2 answers:

True [87]4 years ago

7 0

Answer:

Risk Evaluation simply Evaluates the Risk Analysis which was done to know about the Risk.

Explanation:

Risk Management is the process of managing risks involved in business or may be at individual level by identifying the risks involved and the measures taken to avoid or minimize that risk.

There are three simplest rules of Managing the Risk. First of all, you need to know what you are doing. Second step is to find out or to Know the risk involved. In this stage you identify and evaluate the severity of risk. Then comes the third and final step in which you develop measures to avoid or minimize as much risk as possible.

The evaluation in the Risk Management involve identifying and finding out the severity and intensity of the risk associated with something.

Thepotemich [5.8K]4 years ago

5 0

Risk Management is the process of identifying, analyzing and responding to risk factors throughout the life of a project and in the best interests of its objectives. Proper risk management will reduce not only the likelihood of an event occurring, but also the magnitude of its impact.

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What is gross profit? (Select the best answer.)

BlackZzzverrR [31]

The money left over the cost of making a product or providing a service

6 0

3 years ago

Kathleen is considering expanding her dress shop. If interest rates rise she is Group of answer choices less likely to expand. T

Karolina [17]

Answer:

Less likely to expand.

Explanation:

When ever interest rates rise in an economy, the soul purpose of that is to control inflation by influencing the people to save more and consume/spend less.

Hence, when the interest rates will rise, Kathleen will be moving away from the expansion process as she will have to borrow the money at more cost than before, hence increasing the risk of return from the expansion process. Hence this will lead to the demand for loan-able funds to slope downwards.

Hope this helps you. Good Luck.

7 0

3 years ago

Working as an elevator operator used to be a common job in the workforce four decades ago, but today few jobs remain. The unempl

Thepotemich [5.8K]

<h3>The unemployment created by introduction of automatic elevators would be considered as structural </h3>

Explanation:

Structural unemployment is a longer-lasting type of unemployment that is induced by structural economic changes and aggravated by external influences like technology, rivalry, and government policy.

Structural unemployment will last for decades and typically needs to reverse a dramatic shift. Technology continues to intensify systemic unemployment, marginalize certain workers and make certain occupations redundant, such as manufacturing. Structural unemployment can be long-term and difficult to address as it needs either displacement or retraining.

3 0

3 years ago

You are considering a project which will provide annual cash inflows of $7,500, $3,000, $9,000, and $12,430 at the end of each y

Blababa [14]

Answer:

$25,161.15

Explanation:

The computation of the present value of the cash flows is presented below:

Years Cash flows Discount factor Present value

1 $7,500.00 0.9174311927 $6,880.73

2 $3,000.00 0.8416799933 $2,525.04

3 $9,000.00 0.7721834801 $6,949.65

4 $12,430.00 0.7084252111 $8,805.73

Present value $25,161.15

The discount factor should be computed below

= 1 ÷ (1 + rate)^years

3 0

3 years ago

Determining,minimizing, and preventing accidental loss in a business, for example, by taking safety measures and buying insuranc

kirill115 [55]

Answer:

Risk Management can be defined as Determining,minimizing, and preventing accidental loss in a business, for example, by taking safety measures and buying insurance

Explanation:

Risk Management identifies the potential risk ,then it prioritizes the risk the business house is exposed to and then it addresses the risk faced by the business houses both in the short-term and the long-Term
The risks, could stem from a variety of sources, like financial uncertainty, legal liabilities, strategic management errors, accidents and natural disasters.

7 0

3 years ago