Please send me the question in 20 minutes it's very urgent plz find List the three categories of risk you may encounter when developing theplan, one example of each and at least one way of minimising each riskAns. The three categories of risk that I may encounter when developing the plan, oneexample of each and at least one way of minimising each risk are-T1,Q13.1. Opportunity based-Risk from choosing wrong one over other option2. Uncertainty based- Risk from unknown events as natural diseases and loss ofsupplies3.Hazard based- Risk from dangerous material are actions

The three categories of risk while developing a Plan are:- 1) Budget Risk. 2) Operational Risk. 3)…

Answered: List the three categories of risk you…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter9: Decision Making Under Uncertainty

Section9.3: Single-stage Decision Problems

Problem 5P

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