Answered step by step
Verified Expert Solution
Question
1 Approved Answer
What can I say back to reply to my peer to add to the conversation the qualitative approach to risk assessment involves answering five questions
What can I say back to reply to my peer to add to the conversation the qualitative approach to risk assessment involves answering five questions about market share, scope of expertise, recruitment, competition, and technology in relation to cash flow uncertainty. Organizations must be able to answer "no" to all five questions in order for there to be no risk present; more "yes" answers signify greater cash flow uncertainty and, therefore, higher risk (Reiter & Song, 2018). Though this approach does not rely on numerical data, it works because all five of the questions relate to cash flow uncertainty (Reiter & Song, 2018)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started