FIN 341 Traditional risk management is concerned primarily

Traditional risk management is concerned primarily with(a) dynamic risks.(b) pure risks.(c) fundamental risks.(d) speculative risks.Risk management:1.The two broad approaches to dealing with risk are(a)risk retention and risk transfer.(b)risk avoidance and risk transfer.(c)risk control and risk financing.(d)insurance management and risk management.5. Risk management contributes to organization profitA?(a) by reducing the cost of losses.(b) by allowing the organization to engage in certain speculative risks.(c) by preserving the organization’s operating effectiveness.(d) all of the above.7. The two most important of the pre-loss and post-loss objectives areA?(a) meeting social responsibility and meeting external obligations.(b) continued growth and earning stability.(c) survival and economy.

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