Ch 60: PLACE Business Education: Risk Management

About This Chapter

Refresh your knowledge of risk management in business. Our video lessons provide an effective and engaging way to help you prepare for the PLACE Business Education test.

PLACE Business Education: Risk Management - Chapter Summary

Watch our video lessons to review some of the fundamental issues of risk management in business. Topics in this lesson cover:

  • Environmental factors that create the need for risk management
  • Insurable and uninsurable risks
  • Insurance policies
  • Appropriate insurance coverage for various types of risk

Our lessons, taught by expert professionals, simplify the learning process by breaking down complicated subjects into short and easy to grasp components. The videos also have text lessons so you may read additional information on key terms. Take lesson quizzes to assess your mastery of the subject matter.

Objectives of the PLACE Business Education: Risk Management Chapter

The PLACE Business Education test is required by the state of Colorado for teacher candidates seeking their license to teach business education in secondary schools. Test objectives are divided into five categories: business management and communication; economics and personal finance; technology and information systems; business education programs; and accounting, finance and business law. Questions about risk management fall under the accounting, finance and business law section. Use our lessons in the risk management chapter to prepare to answer questions you may find on the test.

The PLACE Business Education test is a 100 multiple choice question exam given in a paper and pencil format. Each test session lasts 4 ½ hours.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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Other Chapters

Other chapters within the PLACE Business Education: Practice & Study Guide course