Risk Management Is Part of the Planning Function of Management

question 1

Multiple Choice

Risk management is part of the planning function of management. Put the following steps of risk management in order from the first step (1) to the last (5) .

• A) Analysing, classifying, and prioritising risks.
• B) Evaluating and modifying risk reduction programs.
• C) Anticipating and seeking sources of risk.
• D) Developing a plan to avoid and manage risk.
• E) Gathering data that indicate success at avoiding or minimising risk.

Recognize the legal and practical implications of shareholder dissent in mergers and acquisitions.

Learn about the conditions under which a corporation can be subject to involuntary dissolution.

Understand the mechanisms available to shareholders to exercise their appraisal rights and the procedures for determining the value of dissenting shareholders' shares.

Understand the application and scope of the business judgment rule in corporate governance and liability scenarios.

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Definitions:

On-time Delivery

The fulfillment of sending goods or providing services to a recipient at the agreed-upon time.

Walmart Supplier

A business or individual that provides products to Walmart stores, complying with the corporation’s standards and demands.

Distribution Centers

Facilities used by companies to store and distribute products efficiently to retailers or directly to customers, acting as a key node in the supply chain to manage inventory and fulfill orders.

Buying Criteria

The set of standards or specifications that a buyer considers when evaluating and choosing among potential products or services.