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a) Risk Financing
b) Risk Control
Thanks
In my opinion Risk Financing...
Regards
Risk Control has to do with preventive maintenance in operations and maintenance of equipment.
I would love to choose the option A.
Thanks for invite , as you say : risk control
The two are like Love and marriage.....Horse and carriage. You cant have one without the other! Pointless trying to control risk without adequate financial backing and pointless trying to finance risk if you don't manage it correctly. Both are equally as important as each other.
Regards
The answer is (b. Risk Control).
Risk financing are activities that involves negative cash-flow towards a certain risk, it can be self finance, or outsourced (insurance), or captive insurance.
Risk Control is more physical as in, installing a protection system from fires, security system from theft ...etc.
B. Risk Control or in other words Hazard Control!
It should be risk control.
Controls are usually for prevention and management puroses