Which type of risk is related to damages arising from a natural disaster?
A) Financial risk
B) Strategic risk
C) Hazard risk
D) Occupational risk
E) Operational risk

Question

Quizplus · Accepted Answer

Hazard risk is related to damages that can arise from natural disasters such as floods, earthquakes, hurricanes, etc. This type of risk is outside the control of an organization and can cause significant damage to properties and people's lives. Therefore, it is important for organizations to have contingency plans in place to mitigate the impact of such events.

Which Type of Risk Is Related to Damages Arising from a Natural