SBO Unit 4 Risk Management

Credit cards are a business risk?

There is a direct relationship between _____ and _____.

The possibility that a loss can occur as a result of a business decision or a business activity

when customers take an item without paying for it/ intentionally pay less than the retail price

Staying calm during a robbery will help keep you safe.

What best describes Credit Card

The opposite of risk is __________________ – the possibility of success

In the event of a fire, there should be a ____ in place?

Personal injury lawsuits can be _____ to a business

What is a surety bond?

___is employee theft – any stealing, use or misuse of the employer’s assets

_______ risk is caused by the potential actions of customers, employees, or other individuals

________________ risk is associated with political and economic trends.

Preventing Employee Pilferage includes

If you don't have a ladder available, it is not a safety hazard for you to climb on a chair?

___ risk is caused by the unpredictability of nature. Examples: floods, tornados, earthquakes

___________________ is the loss of products due to theft, fraud, negligence, or error

Wearing leather soled shoes is a safety issue in the workplace?

Making Eye contact will help in preventing customer shoplifting.

What kind if system is used to run a business

protects against claims of negligent or harmful actions by business professionals.

What best describes a Debit card

Electrical Hazards are not an safety issue in the workplace?

Personal injury lawsuits frequently arise when customers slip and fall on a business’s premises

Burglary happens during business hours?

___ includes providing security and safety for products, personnel, and customers

throw water to put out an electrical or grease fire.

How can you check for counterfeit money?

It is safe to wear open toed shoes in the workplace

Entrepreneurs must be willing to accept ___ in order to be successful.