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BARSIC [14]
3 years ago
10

How can you reduce your risk? never risk more than you can afford to lose?

Business
1 answer:
KiRa [710]3 years ago
6 0
Risk is the possibility of not getting expected result of something. So there is risk for everything. So without getting risk you can do nothing. But there are some ways to reduce the risk. 
01. Take the risk.
This is most suitable for the people who love risk. This is  the option with highest risk.
02. Manage risk
In this, risk taker calculate the possible risk and find ways to reduce that risk. When you managing your risk, you should have to measure possible risk in the future. 
03. Shifting risk
This option is the way that mostly use in currently. By shifting your risk, you shift your risk to another party like 'Insurance Company'. Than if the risk is happened the other party will take that risk for you. But there is some cost. So before shifting that risk you should know that risk is more worth than the cost.
04.Avoid risk  
Like I mentioned before there is nothing without risk. But  there is only one way to fully avoid the risk. That is not doing the thing that give you the risk. That is the only way.
So, those are ways of handling the risk. As mentioned in the equation don't ever risk more than you can handle unless that risk is more worth than that. Because that risk could give you opportunities that you cannot ever get in your life. But you can mange that risk.
So, what is your opinion? What is the best way of handling the risk?       <span />
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Answer:

Probing

Explanation:

Probing is the term which is defined as the examine thoroughly, search into, ask the question closely and to explore with the probe.

For example, Asking What do think will happen?, Why do think this is the case and What sort of impact do you think?

So, in this case, Danielle who asked questions which are close ended as well open ended and she also asked some greater depth of the information regarding the process. Therefore, she probably uses the probing questions.

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3 years ago
Suppose Indiana produces only steel and corn, with fixed amounts of land, labor, and capital resources. Which of the following b
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Answer:

The percentage of Indiana residents with a college degree rises from 25% to 30%.

Explanation:

Human capital is one of the most important (according to some economists the most important) aspect for economic growth. If college graduates in Indiana go from 25% to 30%, it means that Indiana's human capital has improved.

With improved Human Capital, now Indiana can produce better steel and corn, or even produce other things, because its college graduates have acquire the necessary knowledge to do so. This will in turn lead to economic growth and a higher standard of living.

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3 years ago
How can you reach the best version of yourself?
forsale [732]

Answer:

A and B

Explanation:

Unless you can choose B by itself then go with A and B.

4 0
2 years ago
Read 2 more answers
Creating an emergency fund to pay for unexpected expenses is known as __________________________________.
stich3 [128]

Answer:

b

"Saving for a Rainy Day"

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"saving for rainy day' is a phrase that means putting some money a side  for use in times of need. The phrase encourages  people to save money for emergency use.  As a rule of thumb, one should have at least three times their normal income as savings.

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A lack of the resources needed to go into producing goods and services is called what
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