Arm 400 concepts stuvia - Study guides, Class notes & Summaries

Benefits of risk management (6) - ANSWERS1. tolerable uncertainty 2. profitability and growth 3. legal and regulatory compliance 4. social responsibility 5. reduced cost of risk 6. reduced deterrent effects of hazard risk Basic risk measures (6) - ANSWERS1. exposure 2. volatility 3. likelihood 4. consequences 5. time horizon 6. correlation 3 pairs of risk classifications - ANSWERS1. pure-speculative 2. subjective-objective

Benefits of risk management (6) - Answer 1. tolerable uncertainty 2. profitability and growth 3. legal and regulatory compliance 4. social responsibility 5. reduced cost of risk 6. reduced deterrent effects of hazard risk Basic risk measures (6) - Answer 1. exposure 2. volatility 3. likelihood 4. consequences 5. time horizon 6. correlation 3 pairs of risk classifications - Answer 1. pure-speculative 2. subjective-objective 3. diversifiable-nondiversifiable 4 risk quadrants -...