World Hotels, Inc., insures its real and personal property to protect its financial interest should some event undermine its security. This is risk

Name: World Hotels, Inc., insures its real and personal property to protect its financial interest should some event undermine its security. This is risk
Brand: Quizplus
Rating: 4.9 (51 reviews)

Question

Quizplus · Accepted Answer

Risk management involves identifying, assessing, and prioritizing risks, and taking steps to minimize or control the impact of those risks, such as insuring property to protect financial interests.