Question: please answer and i will give you a like ps: 600 words please principles of insurance We argued in class that risk management is important
We argued in class that risk management is important for both individuals and businesses. In your opinion, 1- what are the biggest two threats faced by Palestinian businesses 2- why do you think they are important 3- and how do you suggest risk managers need to handle those risks. Report requirements: 1. You should write no minimum than 600 words. 2. The report should only be in English. 3. The report should be written in your own language as plagiarism and academic integrity are seriously considered. 4. Submission due: May 30, 2021 at 3:00 pm. 5. Please submit your report as a PDF file via ITC. 1) Biggest two threats faced by Palestinian businesses: Conflict with Israel; Terrorism or organised crime. 2) Both these threats could result in destruction of business assets and dampen business sentiments. Besides there are allied and incidental political, social and economic risks due to these threats. 3) Suggestions to handle these risks: Wide insurance coverage; Geographical diversification of means of production and markets
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