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In: Finance

Which of the following statements about risk management is correct? Select one: a. risk management has...

Which of the following statements about risk management is correct?
Select one:
a. risk management has an anti-insurance bias and seeks to minimize the use of insurance in dealing with risk.
b. risk management is concerned primarily with the risk problems of giant corporations.
c. risk management has relevance for organizations of all sizes.
d. risk management is a function of business and as such has little relevance for the individual.

Solutions

Expert Solution

Option c is correct

Risk management has all the relevance and across the organisations of all sizes.

Risk management also has relevance to individuals and does not have any anti insurance bias.

It does not applicable only to the faint corporatios, but aall the sizes.

jeff jeffy answered 2 years ago
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