Ch 22: Risk Management in Business: Help and Review

About This Chapter

The Risk Management in Business chapter of this Intro to Business Help and Review course is the simplest way to master risk management in business. This chapter uses simple and fun videos that are about five minutes long, plus lesson quizzes and a chapter exam to ensure students learn the essentials of risk management in business.

Who's it for?

Anyone who needs help learning or mastering introductory business material will benefit from taking this course. There is no faster or easier way to learn introductory business. Among those who would benefit are:

  • Students who have fallen behind in understanding insurance coverage or risk management in business
  • Students who struggle with learning disabilities or learning differences, including autism and ADHD
  • Students who prefer multiple ways of learning business (visual or auditory)
  • Students who have missed class time and need to catch up
  • Students who need an efficient way to learn about risk management in business
  • Students who struggle to understand their teachers
  • Students who attend schools without extra business learning resources

How it works:

  • Find videos in our course that cover what you need to learn or review.
  • Press play and watch the video lesson.
  • Refer to the video transcripts to reinforce your learning.
  • Test your understanding of each lesson with short quizzes.
  • Verify you're ready by completing the risk management in business chapter exam.

Why it works:

  • Study Efficiently: Skip what you know, review what you don't.
  • Retain What You Learn: Engaging animations and real-life examples make topics easy to grasp.
  • Be Ready on Test Day: Use the risk management in business chapter exam to be prepared.
  • Get Extra Support: Ask our subject-matter experts any risk management question. They're here to help!
  • Study With Flexibility: Watch videos on any web-ready device

Students will review:

This chapter helps students review the concepts in a risk management unit of a standard introductory business course. Topics covered include:

  • Environmental changes that create a need for risk management
  • The four ways of managing risk
  • Insurance policies
  • Types of insurance coverage

6 Lessons in Chapter 22: Risk Management in Business: Help and Review
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.

Risks in Project Management: Types & Examples

5. Risks in Project Management: Types & Examples

In this lesson, we'll learn about risks in project management. We'll define the term, learn about some of the more common types of risks, and look at examples of each.

The Agile Approach to Risk Management

6. The Agile Approach to Risk Management

In this lesson we will review the basics of Agile project management and then explore how the Agile process itself efficiently addresses risk management.

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 Intro to Business: Help and Review course

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