Which of the following statements about the scope of risk management is (are) true?
I. Traditionally, risk management was limited in scope to speculative loss exposures.
II. In the 1990s, some businesses began to expand the scope of risk management to include financial risks.
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: B
You might also like to view...
Adam, the owner of Adam's Roofing, was talking to a visitor in his office, telling her that "We are a fun-loving group that believes in teamwork and a family atmosphere at work, which significantly affects our work outcomes. Plus, we do things together outside of work. This is the 'social glue' that binds the members of our company together." Adam was referring to his company's ________.
a. organizational culture b. diversity plan c. code of ethics d. analytics e. organizational MBO
A(n)__________is an organized pattern of knowledge that an individual holds as true about his or her world
Fill in the blanks with correct word.