Answer:
Risk management can be described as the identification and evaluation of certain risks beforehand and the appropriate steps that can be taken to avoid the problematic situations. Risk management is the forecasting of certain risks and the plans made to resist or overcome these risk situations.
An example of a risk management strategy can be a pet owner understanding that he'll have to make major payments for the health of the pet or will have to pay vet bills. In order to save money, the pet owner decided to go for pet insurance beforehand so that any problematic situation can be avoided.
Chemical change occur when two substances are combined and produces a new substance or decomposes into two or more substances which are entirely different from the original two substances.
There are three types of chemical changes. These are 1) Inorganic Changes, 2) Organic Changes, and 3) Biochemical Changes
Here are some examples of chemicsal changes.
If you combine Sodium and Water, chemical changes causes decomposition into Sodium Hydroxide and Hydrogen.
Sodium + Water ==> Sodium Hydroxide and Hydrogen
Na + H2O ====> NaOH and H
Another example of chemical change is:
Carbon Dioxide and Water will decompose into Sugar and Oxygen
Carbon Dioxide + Water ==> Sugar and Oxygen
CO2 + H2O ==> CnH2nOn (where n is between 3 and 7) and O
Ice cream will have a physical change because you can re freeze it and it will still be ice cream
