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Why must risk tolerances be determined

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Reference no: EM131523001

1. You have been placed in charge of a new project and are fortunate to have been assigned the same people who worked for you on your last two projects. Both previous projects were very successful, and the team performed as a high performance team. What is the leadership style you would likely use and why?

2. Why must risk tolerances be determined?

3. List the three types of risk seekers and explain each. Which risk seeker do you think you are and why?

4. What are the inputs necessary to the risk management process?

5. What is the difference between insurable risk and common business risk?

Reference no: EM131523001

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