risks scenarios
your employee is mad at life so he hits a customer this is what type of risk
( insurance, liability, policy)
liability risk
is a tornado a business risks?
yes
what are the 4 main types of businesses
corporation, LLC, partnership, sole proprietorship.
what was the EQ?
What is business risk? How can you avoid business risk? How can insurance help a business?
what is the sharman act?
made monopolies illegal
you hire a new employee and he breaks your rules this is what type of risks?
( insurance, liability, policy)
policy risks
if your HR manager fires an employee is that a business risks?
no
what is a sole proprietorship
is a type of enterprise owned and run by one person and in which there is no legal distinction between the owner and the business entity.
what standard did we have?
standard 10
who made the hierarchy of needs?
Abraham Maslow
I walk into your fast food business and your employee breaks the rules by not wearing gloves which causes me to get covid and die this is what 2 types of business risks?
( insurance, liability, policy)
policy risks, liability risks
if a customer complains that your service isn't good enough is this a business risks?
no
what is a partnership?
A partnership is a legal form of business operation in which two or more individuals share management and profits.
what was 1 career job shown on the PowerPoint?
Insurance Claims Adjusters, Insurance Underwriter, Risk Analyst
what is the "glass ceiling"
an invisible barrier that kept women from reaching higher levels in the business world
if you employee gets hurt and your business doesn't have insurance to cover the injury this is what 2 risks?
( insurance, liability, policy)
liability and insurance
if your customer gets hurt inside your business is this a business risk?
yes
what is a corporation?
a large company or group of companies authorized to act as a single entity and recognized as such in law.
2 business risks discussed in the video?
financial, operating, business, sales
what is a trust?
a large company that has or attempts to gain monopolistic control of a market.
what were the 3 risks in the PowerPoint?
what is the specific definition of business risks as shown on the PowerPoint?
Business risks is the risk that entrepreneurs take to make a profit
what is the largest corporation in the world
NOT AMAZON
walmart
why was does a business need insurance?
to protect themselves from risk factors when running their business
what is intellectual property?
intangible property that is the result of creativity, such as patents, copyrights, etc.