Marketing 2 – 5/14/18
I. Bellwork Q&A
- Describe 3 different types of risk a typical business may face.
II. Objectives
- Explain the nature and scope of risk management.
- Identify the various types of business risks.
III. Discussion/Notebook
Types of Business Risk pages 799-803
- Economics Risks: Competition/Obsolescence/Government Regulation/Changes in business environment
- Natural Risks: Natural Disasters, War, Weather
- Human Risks: Internal & Customer Theft, Employee Incompetence, Skills and the working environment, Computer Related Crime
IV. Classwork
A. P.798 Vocab 5
B. P.803 1-3 Q&A #4 Write a paragraph
V. Entrepreneur Presentations Tomorrow
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