Chapter 15
Risk Analysis
CERTIFICATION OBJECTIVES
15.01 Introduction to Risk Analysis
15.02 Types of Risk Analysis
15.03 Risk Mitigation Strategies
QQUESTIONS
Risk analysis determines the possible threats a business could face and how to minimize their impact effectively. Quantitative risk analysis results in a prioritized list of risks by dollar amount, whereas qualitative risk analysis uses a relative prioritizing system to rate risks to one another. Failure to perform a risk analysis properly could result in violation of laws, a loss of customer trust, or even bankruptcy in the event of the realization of risks.
1. You are conducting a risk analysis for a stock brokerage firm in Miami, Florida. What factors should you consider? ...
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