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All the following are basic management responsibilities except: a. organising the factors of production b. making business decisions c. taking risks d. eliminating risks e. none of the above

Question

All the following are basic management responsibilities except: a. organising the factors of production b. making business decisions c. taking risks d. eliminating risks e. none of the above

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Solution

The correct answer is d. eliminating risks. While managers are responsible for managing and mitigating risks, completely eliminating all risks is not possible in a business environment. Risks are inherent in any business and can only be managed, not completely eliminated.

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