Question: 1 . List five ways that small business owners can reduce risks in their businesses. ( 5 marks ) 2 . Describe any four losses

1. List five ways that small business owners can reduce risks in their businesses. (5 marks)
2. Describe any four losses that a furniture manufacturing factory can incur as a result of a fire
accident. (8 marks)
3. Explain briefly the purpose of a risk map. (5 marks)
4. Give a brief description of any four risk management tools and methods. (8 marks)

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