Get Started with ixamBee
Start learning 50% faster. Sign in now
Here is a step-by-step process of risk management: Identify the risk: The first step in risk management is to identify potential risks that could impact the organization. Analyze the risk: Once the risks are identified, the next step is to analyze the likelihood and impact of each risk. This can be done through risk assessments or by using various analytical tools and techniques. Evaluate the risk: Based on the analysis, the risks should be prioritized based on their severity and likelihood of occurrence. Treat the risk: After prioritizing the risks, the organization should develop and implement strategies to treat or mitigate the risks. Monitor and review: Risk management is an ongoing process, and it is essential to monitor and review the risk management strategies regularly
A & B invested Rs. X and Rs. (X + 500) for same period of time in a business. If A gets Rs. 3200 as profit share out of total profit of Rs. 8...
P and Q invested a total of Rs.32000 in a business. Period of investment of P & Q is 10 months and 8 months respectively. If at the end of the year, P &...
A starts business with Rs.6000 and after 9 months, B joins with A as his partner. After a year, the profit divided in the 3:5. What is B’s contributi...
Three individuals, S, V, and G, started a business together. S contributed 2/5 of the total investment, V contributed 4/7, and the remaining amount was ...
'A', 'B', and 'C' invested amounts of Rs. 10,000, Rs. 12,000, and Rs. 16,000, respectively, in a business for 10 months, 8 months, and 12 months, respec...
A, B, and C form a partnership with their investments in the ratio of 4:5:6. After 6 months, A raises his investment by 25%, B reduces his investment by...
Anoop' initiated a Canteen Business by investing Rs. 15,000. 't' months later, 'Arvind' joined him with an investment of Rs. 10,000. After 4 months of j...
Three partners, R, S, and K, form a partnership business with capitals in the ratio of 3:5:8. After four months, R, S, and K added Rs. 3000, Rs. 4500, a...
Amit and Bittu entered into a business with initial investment of Rs 420 and Rs 360 individually. After 5 months, Amit add on 180 more while Bittu withd...
Harvey, Mike, and Donna started a business together, with the ratio of Harvey's investment to Mike's being 5: x, and the ratio of Mike's investment to D...
