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Business Risk
Business Risk
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High school level business risk Quiz
Flashcards
15 cards
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Practice quiz
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Questions
15
Answers
1
Why a business chooses to retain risk?
Potential return
Risk is too minimal
Risk not obvious
<p>Marketing</p>
2
An examle of a strategic risk is
<p>Loan Application</p>
External
<p>Production Problems</p>
<p>Changing Cusomter Needs</p>
3
Speculative risk would be investing in stocks.
False
True
4
An example of a hazard risk
Competition
Human Error
Leadership Problem
Property Damage
5
Ways to transfer risk might include
Contracts
Warranties
Surety Bonds
<p>Leases</p>
6
A business owned by 1 person
Partnership
Sole Proprietorship
Corporation
Socialism
7
A guarantee protecting a business when a person fails to fulfill the terms of a contract
Surety Bond
Stockholder
Stocks
Warranty
8
An example of operation risk might be
Human Error
Employee Issues
Obsolescence
Tornado
9
The use of money to generate a profit or gain
ROI
Investment
Marketing
<p>Bonding</p>
10
An examples of a financial risk might be
Promotion
Inflation
Branding
Weather
11
One way for a business to avoid a risk might be.
Customer Loyalty
<p>Specialization Labor</p>
Buy Insurance
Branding
12
Economic system in which individuals and groups, not government,own the means of production
Communistic
Socialistic
Monopoly
Free Enterprise
13
In a pure risk scenario the following would be true
Investing
Loss
Insurance
No Loss
14
The state of being outmoded or unfashionable
Investment
Obsolescence
Lease
Guarantee
15
A business owned by stockholders
Sole Proprietorship
Corporation
Bonded
Partnership
