1. is true, and the 2. is false
Risk Management is<span> the process of identifying, analyzing and responding </span>to risk <span>factors throughout the life of a project and in the best interests of its objectives. Proper </span>risk management<span> will reduce not only the likelihood of an event occurring, but also the magnitude of its impact.</span>
Answer:
D
Explanation:
"Free enterprise" is an economic system in which private business operates in competition and largely free of state control. Which is basically option B.
In the case of management, service should be comprehensive and uninterrupted. This reflects the principle of Continuity of care.
Control is the administration of an enterprise, whether it's miles a commercial enterprise, a non-income organization, or a government frame. it is the art and science of dealing with sources of the enterprise.
Getting maximum consequences with minimal Efforts - the main goal of control is to cozy maximum outputs with minimal efforts & sources. management is basically worried about thinking & making use of human, fabric & financial assets in this sort of manner that might bring about a great combination.
Powerful management refers back to the volume to which managers acquire their objectives with the assistance of organizational resources.
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Any sellers who raise its price lose all of their customers
any sellers who lower the price also cause the reduction in price of other firms,that may lower the profit gained