Risk control refers to techniques and strategies that seek to avoid, prevent, reduce or control the frequency and magnitude of risk while risk financing refers to the techniques that provide for the funding of risks.
skilled writter answered the question on May 1, 2018 at 16:18
-
Discuss four methods of handling risks
(Solved)
Discuss four methods of handling risks
Date posted:
May 1, 2018
.
Answers (1)
-
Outline the steps involved in the risk management process.
(Solved)
Outline the steps involved in the risk management process.
Date posted:
May 1, 2018
.
Answers (1)
-
State the meaning and explain objectives of risk management
(Solved)
State the meaning and explain objectives of risk management.
Date posted:
May 1, 2018
.
Answers (1)
-
Explain the six parts of an insurance contract
(Solved)
Explain the six parts of an insurance contract
Date posted:
May 1, 2018
.
Answers (1)
-
Explain four requirements of a valid insurance contract.
(Solved)
Explain four requirements of a valid insurance contract.
Date posted:
May 1, 2018
.
Answers (1)
-
Explain five requirements of an insurable risk.
(Solved)
Explain five requirements of an insurable risk.
Date posted:
May 1, 2018
.
Answers (1)
-
Explain four characteristics of insurance
(Solved)
Explain four characteristics of insurance
Date posted:
May 1, 2018
.
Answers (1)
-
State four elements that are required for an insurance transaction.
(Solved)
State four elements that are required for an insurance transaction.
Date posted:
May 1, 2018
.
Answers (1)
-
Define the term insurance according to commission on insurance terminology of the American Risk.
(Solved)
Define the term insurance according to commission on insurance terminology of the American Risk.
Date posted:
May 1, 2018
.
Answers (1)
-
State six functions of money
(Solved)
State six functions of money
Date posted:
May 1, 2018
.
Answers (1)
-
Differentiate between money and wealth.
(Solved)
Differentiate between money and wealth.
Date posted:
May 1, 2018
.
Answers (1)
-
Explain five ways in which privatization would be beneficial to country
(Solved)
Explain five ways in which privatization would be beneficial to country
Date posted:
May 1, 2018
.
Answers (1)
-
Outline differences between hypermarkets and departmental stores
(Solved)
Outline differences between hypermarkets and departmental stores.
Date posted:
April 30, 2018
.
Answers (1)
-
Importance of national income to an economy
(Solved)
Importance of national income to an economy
Date posted:
April 30, 2018
.
Answers (1)
-
Discuss some of the process for assessing risk
(Solved)
Discuss some of the process for assessing risk
Date posted:
April 29, 2018
.
Answers (1)
-
State the rights and duties of a partner in partnership type of business
(Solved)
State the rights and duties of a partner in partnership type of business.
Date posted:
April 29, 2018
.
Answers (1)
-
(a)Define partnership (b)State characteristics of partnership
(Solved)
a)Define partnership
b)State characteristics of partnership
Date posted:
April 29, 2018
.
Answers (1)
-
(a)Define sole proprietorship (b)state the features of sole proprietorship (c)Explain the formation of sole proprietorship (d)state the sources of capital of sole proprietorship (d)Explain the management of sole proprietorship
(Solved)
a)Define sole proprietorship
b)State the features of sole proprietorship
c)Explain the formation of sole proprietorship
d)State the sources of capital of sole proprietorship
e)Explain the management of sole proprietorship
Date posted:
April 29, 2018
.
Answers (1)
-
Define a business unit
(Solved)
Define a business unit
Date posted:
April 29, 2018
.
Answers (1)
-
Give five differences between public corporation and public limited company
(Solved)
Give five differences between public corporation and public limited company.
Date posted:
April 28, 2018
.
Answers (1)