What is the idiom?
The director took a CAREFUL RISK in giving the film's main role to an unknown actor.
What is a CALCULATED RISK?
This risk is when we share risk or give it to another company
What is risk transfer?
This type of risk arises due to the movement in prices of financial instrument.
What is market risk?
It refers to changes within the economy that lead to losses in sales, revenue, or profits.
What is economic risk?
Failure to stick to the safety rules is simply IMPRUDENT
What is playing with fire?
This event is anything that happens which is potentially damaging to a business.
What is a critical event?
This type of risk arises when one fails to fulfill their obligations towards their counterparties
What is credit risk?
As technology evolves and more customers are using online stores to shop and share personal information, the risk of hacking increases
What is security and fraud risk?
You’d better acquire a new skill; don’t BE DEPENDANT in one only.
What is PUT YOUR EGGS IN ONE BASKET?
It is the tendency to change for better or worse suddenly or surprisingly
What is volatility?
This type of risk arises out of an inability to execute transactions.
What is liquidity risk?
Regardless of the industry, businesses must follow laws and regulations that restrict various processes.
What is compliance risk?
They are taking a VENTURE on where they think the fossil fuel prices will be going.
What is GAMBLE?
This process is of making sure your company and employees follow all laws, regulations, and standards.
What is compliance?
This type of financial risk arises out of legal constraints such as lawsuits.
What is legal risk?
One unsatisfied customer, product failure, or lawsuit can threaten a company's image.
What is reputational risk?
I’m going to TAKE A RISK for you and tell the boss that the mistake wasn’t your fault
What is sticking your neck out?
This is about responsible and transparent decision-making and leadership.
What is Corporate Governance?
This type of risk arises out of operational failures such as mismanagement or technical failures.
What is operational risk?
This risk refers to the possibility of falling behind competition once a company gains a foothold in their industry
What is competitive risk?