P5DMALK9-1
Your Score: 0/5
Complete the sentence with three possible endings. Business Risk Management is undertaken to ensure that the business will survive if...
the market changes
the business performs better than expected
staff get a pay rise
profits fall
the business starts a green initiative
natural disasters occur
Internal business risk factors faced by an organisation include:
legislative changes
supplier failure
process breakdowns
interest rate changes
Complete the following sentence. Interdependencies:
increase the difficulty of assessing an organisation’s overall risk
lead to lower profits for the organisation
facilitate assessing of an organisation’s overall risk
generate staff turnover and skills shortages
Complete the following sentence. Business continuity planning:
complements the overall risk management process
replaces the overall risk management process
evaluates the significance of a risk
rates the probability of a risk happening
Complete the following sentence with three possible endings. Techniques to minimize business risk include:
misrepresenting financial performance
moving office
good credit control
avoiding the risk if possible
performing a risk analysis
Quiz Complete!
You scored: 0 out of 5