Risk Management
What is Risk Management?
Preventing, reducing, or lessening the negative impacts of risk
Liable
Business' pay ______ to cover there insurances.
Premiums
The Boston Celtics and the Los Angeles Lakers are tied at how many championships?
17
Which single superhero movie has grossed the most revenue? (not a team)
Spider-Man (Spider-Man No Way Home)
______ use these strategies to prevent financial loss and personal injury in the business.
Marketers
What are good measures to avoid risk?
Security, Cameras, Controlled Access
Business' pay ________ & ________ to help avoid and prepare for risk in the future.
Insurance Companies & Finacial Institution
Which NFL player's jersey was the #1 most sold jersey in the USA for 10 weeks straight in 2024
Jalen Hurts
What is the highest grossing superhero movie NOT made by Marvel?
Pixar's "Incredibles 2"
What are the 4 strategies that are used in Risk Management?
Avoidance, Insurance, Transfer, Retention
What has been the #1 way of companies losing millions of dollars because of low risk management?
Being hacked
Jobs of Insurance Companies and Finacial Institutions is to _______ and prepare for when a business encounters any form of lawsuit or data breach
Predict
Which Sport has the highest average attendance in the world?
Formula 1
Which actor is the highest paid actor for a single role in a movie? (Including money made after movie came out)
Tom Cruise (Top Gun 2) Estimated over 100 million