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Go through and complete 2 sections of the 4-step risk management process for a family of 4 . This can be a real or made-up
Go through and complete 2 sections of the 4-step risk management process for a family of 4 . This can be a real or made-up family. Make sure and explain the makeup of the household (parents, children, or elderly, etc.) 1. Identify some typical risk exposures to a household that you defined. Make sure and include 6 risks as a minimum. 2. Identify some risk control and risk financing technique options for EACH of the risks identified. Loss prevention is different than loss reduction. Please explain how they are different and provide some examples of each that would be used to protect a building/home. Go through and complete 2 sections of the 4-step risk management process for a family of 4 . This can be a real or made-up family. Make sure and explain the makeup of the household (parents, children, or elderly, etc.) 1. Identify some typical risk exposures to a household that you defined. Make sure and include 6 risks as a minimum. 2. Identify some risk control and risk financing technique options for EACH of the risks identified. Loss prevention is different than loss reduction. Please explain how they are different and provide some examples of each that would be used to protect a building/home
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