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Ch 21: Risk Management: Homework Help

About This Chapter

The Risk Management chapter of this Intro to Business Homework Help course helps students complete their risk management homework and earn better grades. This homework help resource uses simple and fun videos that are about five minutes long.

How it works:

  • Identify which concepts are covered on your risk management homework.
  • Find videos on those topics within this chapter.
  • Watch fun videos, pausing and reviewing as needed.
  • Complete sample problems and get instant feedback.
  • Finish your risk management homework with ease!

Topics from your homework you'll be able to complete:

  • External environmental changes
  • Insurable risk
  • Uninsurable risk
  • Insurance coverage
  • Insurance policies
  • Law of large numbers
  • Rule of indemnity
  • Types of risk

5 Lessons in Chapter 21: Risk Management: Homework Help
Test your knowledge with a 30-question chapter practice test
External Environmental Changes Drive the Need for Risk Management

1. External Environmental Changes Drive the Need for Risk Management

Businesses operate in a dynamic world where the only thing for certain is that things will change. Change can bring both risk and reward. In this lesson, you'll learn how change in the business environment drives the need for risk management.

Ways to Manage Risk: Insurable and Uninsurable Risk

2. Ways to Manage Risk: Insurable and Uninsurable Risk

Risks abound in life and in business. However, most risks can be managed. In this lesson, you'll learn about ways to manage risks. You'll also learn the difference between insurable and uninsurable risks. A short quiz follows.

Understanding Insurance Policies and Risk Management

3. Understanding Insurance Policies and Risk Management

Obtaining insurance is one of the most common methods of risk management. In this lesson, you'll learn about insurance policies and some key concepts related to insurance. You'll also have a chance to take a short quiz.

Insurance Coverage for Various Types of Risk

4. Insurance Coverage for Various Types of Risk

Businesses operate in a world of risk. One of the best ways to manage risk is through insurance. In this lesson, you'll learn about the types of insurance coverage available to businesses to help them manage their risks.

Risk Aversion: Definition, Principle & Example

5. Risk Aversion: Definition, Principle & Example

In this lesson, we will look at the term risk aversion. We will look at what it means to be a risk averse person and examine an example. The lesson will then be wrapped up with a summary and a quiz.

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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