Risk Management in Business

• The possibility of gaining profit
• The possibility of suffering harm or loss (correct)
• The management and control of risk
• The relation between risk and return

• Management risk, financial risk, and market and industry risk (correct)
• Strategic risk, operational risk, and financial risk
• Market risk, industry risk, and financial risk
• Operational risk, financial risk, and market risk

• The capacity to handle risks effectively
• The tendency to take risks without considering the consequences
• The willingness to avoid all forms of risk
• The differing attitudes towards and tolerances for risk (correct)