P3 Exam Dumps | Why do businesses take risks? Select the TWO correct answers.

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CIMA.P3.v2022-02-24.q93
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Question 22/93

Why do businesses take risks?
Select the TWO correct answers.

A. Risk taking allows businesses to save time by not having to find out all the facts before they embark on new projects.

B. Risk taking can give the impression that senior management roles are very dynamic.

C. Risk taking provides businesses with opportunities to make better returns.

D. Risk taking allows for multiple random outcomes, some of which may be worth chasing.

E. Risk taking can assist businesses to gain an advantage on their competitors.

Correct Answer: C,E

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