answer with true or false 6. Diversification is a risk reduction strategy for a small business. 7. A risk which has a hi

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answer with true or false
6. Diversification is a risk reduction strategy for a small
business.
7. A risk which has a high likelihood of occurring and extremely
harmful consequences is said to be an extreme risk.
8. Risk absorption involves shifting the consequences of risk to
other organizations outside your business.
9. Employee turnover risk is beyond the control of an
organization.
10. For risk management to be effective in a small business
there is need to use a common language and framework in the
organization.