The chance of losing time, money, reputation, and so on, is known asMultiple Choicerisk.empowerment.loss.outsourcing.production factors.
Question
The chance of losing time, money, reputation, and so on, is known as
- Multiple Choice
- risk
- empowerment
- loss
- outsourcing
- production factors
Solution
The correct answer is risk.
Explanation:
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Definition of Risk: In the context of decision-making and business, risk refers to the potential for experiencing loss or negative outcomes related to various aspects such as time, money, and reputation.
-
Options Analysis:
- Risk: This directly refers to the uncertainty involved in any investment or business activity.
- Empowerment: This typically refers to increasing the capacity of individuals or groups to make decisions.
- Loss: While related to risk, loss is the actual event of suffering a detriment rather than the potential for it.
- Outsourcing: This is the practice of hiring external parties to handle specific business functions, not directly related to the concept of risk itself.
- Production Factors: These refer to the resources used in the production of goods and services.
Thus, "risk" is the appropriate term that encompasses the possibility of losing various assets or values in a situation.
Similar Questions
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