Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Highlight the correct answer in Green. ( 1 mark each ) 1 . You run one of the departments in a large company that works

Highlight the correct answer in Green.
(1 mark each)
1. You run one of the departments in a large company that works in government bonds, futures, and other financial papers. One of your coworkers is being tasked with deciding whether or not to invest in an African country that has had a civil war recently, and has been mostly closed off to the media. What would you advise that he do first as he prepares to make his decision?
A. Brainstorm
B. Research
C. Invest immediately
D. Pass the project off to another department
2. One of the biggest mistakes a manager can make is to _____.
A. have a sense of certainty and not look at any risk
B. have a sense of uncertainty and look at every risk
C. prioritize risks in order of the effects of their severity
D. not ask a colleague for advice
3. Which of the following are we trying to determine when we talk about weight risk?
A. Uncertainty of a situation
B. Certainty of an outcome
C. The cost of a decision
D. Company revenue
4. decisions are taken according to strategic and operational decisions.
A. Urgent
B. Primary
C. Risk
D. Administrative
5. decisions deal with organizational growth.
A. Organizational
B. Strategic
C. Long-term
D. Operational

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Successful Time Management

Authors: Patrick Forsyth

1st Edition

0749486198, 978-0749486198

More Books

Students also viewed these General Management questions