If you want to create, you need to take risks. Select one: True O False
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- Risk is best defined as: the uncertainty of loss OB. the cause of loss the increased chance of loss financial lossYou've heard the expression "no pain, no gain"? In the investment world, the comparable phrase would be "no risk, no reward." How you feel about risking your money will drive many of your investment decisions. The risk-comfort scale extends from very conservative (you don't want to risk losing a penny regardless of how little your money ears) to very aggressive (you're willing to risk much of your money for the possibility that it will grow tremendously). As you might guess, most investors' tolerance for risk falls somewhere in between. If you're unsure of what your level of risk tolerance is, this quiz should help. 8. You want to take someone out for a special dinner in a city that's new to you. How do you pick a place? (a) read restaurant reviews in the local newspaper, (b) ask co-workers if they know of a suitable place, (c) call the only other person you know in this city, who eats out a lot but only recently moved there, (d) visit the city sometime before your dinner to check out…Effective risk management would attempt to maximize the expected return for a given level of risk. Select one: True False
- For the given fact below, which subsequent true/false statement is true? Fact: Mel received an A in Math. 1. Mel passed the class 2. Mel failed the class 3. Mel likes Math 4. Mel took Math this semesterHazard is the cause of a possible loss. is loss possibilities due to negligence resulting in bodily harm or property damage to others. is a risk that carries a chance of either loss or gain. increases the likelihood of loss through some peril. is the chance that something may be lost.In the context of expectancy theory, the belief that performing a given action is associated with a particular outcome is called _________blank. Multiple Choice instrumentality maintenance valence generalizing
- Base your response of a company in the following scenario. The firm for this exercise has been surprised by recent events that subjected it to a combination of a cyber attack and an Antifa protest/riot damaging the firm's NYC headquarters. It was unable to immediately respond to the attack, corporate systems were disrupted, the headquarters was sufficiently damaged that the offices were closed for 90 days. The attacks were triggered by the firm's announcement it was upgrading the environmental controls in a manufacturing plant processing talc near Savannah, GA. The firm was changing the process to produce input for other manufacturing process in production of lithium batteries for military use instead of health and beauty products. There has been a long standing issue about the use of talc in baby powder. Why was the firm surprised at the response to its plans? From the perspective of issue management, which major stages in the issue management process and which steps are the most…Despite of the Covid-19 virus that has not completely disappeared in this world, yourcompany is planning to start its operations as usual where all employees are requiredto return working in the office. Your CEO has instructed you, as the company's SafetyOfficer, to come out with an "emergency management plan" specifically to addressCovid-19 related issues in your company. Based on your answer in Question 2(0),proposed a "Covid-19 Emergency Management Plan" for your company. To answerthis question, student is advised to provide detail explanation of what should be donefor EACH element entailed in the Covid-19 emergency management plan.Consider the relationship between your average grade (your grade point average [GPA]) and your marginal grade. Suppose you have taken twelve courses so far, and your average GPA is 3.0. Suppose the marginal grade is the grade you get in this course. If the grade you get in this class is a B+ (3.5), which is above your average, what will happen to your average GPA? The average will rise as the marginal grade is less than the average of all the grades O The average will fall as the marginal grade is greater than the average of all the grades O The average will rise as the marginal grade is greater than the average of all the grades The average will not change
- Operational risk is an event risk where there is a wide range of events that can trigger losses. It can take place at which of the following levels noted in the examples below: a.Human error. b.All of the above. c.Outdated policy or procedures. d.Malfunction of a back-up system.The fraud triangle asserts that the following three factors must exist for a person to commit fraud.A. Opportunity B. Pressure C. RationalizationIdentify the fraud risk factor (A, B, or C) in each of the following situations. Managers are expected to grow business or be fired.
