placeholder image to represent content

Business Management Warm-Up 9/28-29/23

Quiz by Nekeisha King-Price

Feel free to use or edit a copy

includes Teacher and Student dashboards

Measure skills
from any curriculum

Tag the questions with any skills you have. Your dashboard will track each student's mastery of each skill.

With a free account, teachers can

edit the questions
save a copy for later
start a class game
automatically assign follow-up activities based on students’ scores
assign as homework
share a link with colleagues
print as a bubble sheet

Q 1/5
Score 0
What is the purpose of risk management in business?
29
To delegate risks to external parties
To increase profitability by taking more risks
To eliminate all risks to ensure smooth operations
To identify and minimize potential threats that may hinder the achievement of business objectives
To ignore risks and focus solely on opportunities

Our brand new solo games combine with your quiz, on the same screen

Correct quiz answers unlock more play!

New Quizalize solo game modes

5 questions

Show answers

Q1
What is the purpose of risk management in business?
To delegate risks to external parties
To increase profitability by taking more risks
To eliminate all risks to ensure smooth operations
To identify and minimize potential threats that may hinder the achievement of business objectives
To ignore risks and focus solely on opportunities
30s
Q2
What is a common technique used in business risk management?
Risk indulgence
Risk assessment
Risk avoidance
Risk negligence
30s
Q3
Which of the following is a key component of effective risk management?
Risk neglect
Risk amplification
Risk ignorance
Risk mitigation
30s
Q4
What is the difference between risk mitigation and risk avoidance?
Risk mitigation attempts to amplify the impact of a risk, while risk avoidance aims to minimize its impact.
Risk mitigation involves ignoring and neglecting risks, while risk avoidance involves actively managing and addressing risks.
Risk mitigation and risk avoidance are the same thing.
Risk mitigation aims to minimize the impact or likelihood of a risk, while risk avoidance seeks to completely eliminate exposure to the risk.
30s
Q5
What is the purpose of a contingency plan in risk management?
To eliminate all risks to ensure smooth operations
To delegate risk management to external consultants
To celebrate and embrace potential risks
To provide a predefined course of action in case of an identified risk event
To ignore and disregard potential risks
30s

Teachers give this quiz to your class