Question No. 6
During the switch off in the other form of the business, which of the followings in not a difficulty?
O Legal formalities
Risk Management
O Loss of opportunity
Closure of Business
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2nd one loss of opportunity Closure of business
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The correct answer is OPTION 2: Risk Management.
- Some risks have the potential to destroy a company or, at the very least, inflict severe and costly damage.
- It's crucial to figure out which dangers pose a risk to a company's operations.
- Employee intoxication and drug addiction are potential hazards, as are technical risks like power outages and strategic risks like R&D investments.
- Employee training, safety checks, equipment and space maintenance, as well as the necessary insurance coverage are all part of a risk management strategy.
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