1.(a) Outline the positive aspects of risk in business enterprises.
(b)Explain the types of hazards that face a service organization
2.Describe the use of flow charts for risk identification indicating clearly the dimensions of risk captured by the
flow charts.
3.What do you understand by the following in relation to risk management.
(i)Risk probable loss.
(ii)Maximum probable loss.
(iii)Continuity of operations.
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