Knowee
Questions
Features
Study Tools

Interruption to business as usual is an example of:  A. Natural Risk  B. Experimental Risk  C. Indirect Loss  D. Direct Loss

Question

Interruption to business as usual is an example of:  A. Natural Risk  B. Experimental Risk  C. Indirect Loss  D. Direct Loss

🧐 Not the exact question you are looking for?Go ask a question

Solution

The correct answer is D. Direct Loss. Interruption to business as usual is an example of a direct loss because it directly affects the business's ability to operate and generate revenue. This is different from an indirect loss, which is a secondary result of an event that causes a direct loss. Natural risk and experimental risk are types of risks that can lead to direct or indirect losses, but they are not types of losses themselves.

This problem has been solved

Similar Questions

Where risks cannot be eliminated, what will the organisation need to develop to make sure that duration of disruption is minimised?  A. Risk toleration  B. Remediation  C. Risk avoidance  D. Demand estimation

As a risk manager we are most concerned about disruption because:Group of answer choicesDisruption may mean we lose our jobDisruption may reduce our profit levelsDisruption may fundamentally change how our industry makes moneyDisruption may reduce our asset values

Lack of availability of personal is an example of:  A. Unfortunate risk  B. External risk  C. Internal risk  D. Typical risk

The risk associated with the collapse or failure of a company, industry, financial institution or an entire economy is called

Risk” usually _______ as the project progresses.

1/3

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.