Risk Management Now Includes the Evaluation of

question 83

Multiple Choice

Risk management now includes the evaluation of

• A) worldwide risks such as global warming.
• B) worldwide issues such as poverty.
• C) European issues such as the value of the euro.
• D) political risks in South America.

---

Definitions:

Rawlsian Justice

A theory in political philosophy that fairness is represented by equality in basic rights and liberties, where inequalities are arranged to benefit the least advantaged and are attached to positions open to all under conditions of fair equality of opportunity.

Worst-Off Member

Refers to the individual or group within a society or community that is most disadvantaged or in the poorest condition, often considered in policies aiming for equitable improvements.

Well-Being

A comprehensive measure that includes the physical, mental, and emotional health and happiness of an individual or community.

Moral Obligation

A duty which one owes, and which he ought to perform, but which he is not legally bound to fulfil.