Risk Management Is Concerned with

question 19

Multiple Choice

Risk management is concerned with

• A)the identification and treatment of loss exposures.
• B)the management of speculative risks only.
• C)the management of pure risks that are uninsurable.
• D)the purchase of insurance only.

Recognize the dynamics of entering foreign markets with respect to local management and corporate branding strategies.

Understand the process of organizational change, including its phases and related reactions.

Recognize the strategies for managing resistance to change.

Identify the emotional and psychological stages individuals undergo in response to change.

---

Definitions:

Acquisition

The process of obtaining ownership or control of another company or business entity.

Deferred Tax Liability

It's a tax obligation that arises from income already earned and recorded for accounting purposes, but payment is deferred to the IRS until a future date.

Subsidiary

An entity that is controlled by a higher entity, usually through majority shareholding, and is included in the financial statements of the controlling entity through consolidation.

Investment

The allocation of resources, usually financial, in expectation of a future return or profit.