<span>It is irresponsible use of credit because his current income is too low. Hope I helped!</span>
Answer:
Option a
Explanation:
In simple words, event refers to a potential situation that may or may not happen in the future and the occurrence or non occurrence of which depends on various factors in which some can be controlled by the affected party in advance and some are not.
These events could be either threat or opportunity. Although by using specialized knowledge these could be predicted at a certain level but its occurrence could not be guaranteed,
Answer:
The correct answer is d. risk aversion.
Explanation:
Risk aversion is an investor's preference for avoiding uncertainty in their financial investments.
Due to this attitude towards risk, this type of individuals directs their investment portfolio to safer financial assets even though they are less profitable.
The phenomenon of risk aversion implies by definition a certain level of risk rejection by a person who invests in financial markets. A person may face a risk aversion situation, be risk neutral or be risk prone.
Answer:
The correct answer is letter "D": sustainability.
Explanation:
Sustainability refers to the ability of businesses to keep their operations up and running over long periods. Firms achieve this with a mixture of flexible and strong strategies that allow them to take advantage of their opportunities and strengths and minimize the impact of the threats and weaknesses inherent.
