Identifying and Managing Risks - Business Decision Making 1-1 - ثاني ثانوي

4: Identifying and Managing Risks

Identifying and Managing Risks

Be aware of potential risks

Assess your risk/reward ratio

Reduce your risk by testing

Develop a fall-back position or a backup plan

Keep everyone informed

Practice identifying and managing risks by ranking possible solutions to a problem.

Be sure to communi-

4: Identifying and Managing Risks

Assessing risks and rewards

Why is it important to keep everyone informed?

Problem risks do’s and don’ts

Crisis management

What is risk?

حل What is risk?

What type of solution should you seek when solving problems?

حل What type of solution should you seek when solving problems?