Events Discovered During Identify Risks That May or May Not

question 13

Multiple Choice

Events discovered during Identify Risks that may or may not occur are often categorized as: 

• A) known knowns 
• B) known unknowns 
• C) unknown unknowns 
• D) known certainties

Interpret economic data tables to assess the outcomes of different trade scenarios.

Explain the economic rationale behind exporting and importing goods.

Appreciate the role of opportunity costs in individual decision-making regarding resource allocation.

Understand the steps and importance of the planning process in achieving organizational objectives.