QUESTION ONE Across the street from UPS e a series of small business dat doprinting and photocopying for students in the school Supposing you have been appointed to be a mi consult of the business Identity four (4) significant is that are intemal to the business organization (8 Mario) Identity four (4) significant risks that are from extemul factors but may affect the his if they doc (8 Marka What can the business do to Pre-empt the risk? il Reduce the effect of the is i Overcome the internal risks? Take advantage of the external opportunities? (4 Mark) SECTION B: ANSWER ANY TWO (2) QUESTIONS FROM THIS SECTION QUESTION TWO A Gas filling station firm w machine that has a current market value of Ghel.500.000.00. The current replacement value of other facilities in the company (standby generator, the delivery track, and cost for the foot for the companies promises totals GH.750.000.00. The company spends Olle 200,000 for a month supply of electricity. The location of the company is an area that has recently being taken over by a Sot of human settlement and other business ventures including a truport terminal with accompanying petty theft. In view of these the company perceived a lot of risk exposure For each of the following risks o los exposure you have been approachels Risk Management Consultiplain an appropriate risk management que that could have been wred to deal with the exposure below. Physical damage to the gas filling static Maria) ability lawsuit against the company arining out of the negligent operation they of Pue P.O.B 10 149. Acom Professional Library Marka Total loss of the company's property because of a fire Marko i Failure to deliver home filled cylinder on demand vernet of fault with the delivery tracks Marko Thefte of company's em and physical assault on worken by yang members who are in a park closer to the company 2 Marius) From the viewpoint of private, what are the six (6) ideal characteristics for a risk to be privately insurable (6 Marks) ) Explain with examples what continues the pre-loss objectives and pou low objectives of risk management (4 Mark) QUESTION ONE Across the street from UPS e a series of small business dat doprinting and photocopying for students in the school Supposing you have been appointed to be a mi consult of the business Identity four (4) significant is that are intemal to the business organization (8 Mario) Identity four (4) significant risks that are from extemul factors but may affect the his if they doc (8 Marka What can the business do to Pre-empt the risk? il Reduce the effect of the is i Overcome the internal risks? Take advantage of the external opportunities? (4 Mark) SECTION B: ANSWER ANY TWO (2) QUESTIONS FROM THIS SECTION QUESTION TWO A Gas filling station firm w machine that has a current market value of Ghel.500.000.00. The current replacement value of other facilities in the company (standby generator, the delivery track, and cost for the foot for the companies promises totals GH.750.000.00. The company spends Olle 200,000 for a month supply of electricity. The location of the company is an area that has recently being taken over by a Sot of human settlement and other business ventures including a truport terminal with accompanying petty theft. In view of these the company perceived a lot of risk exposure For each of the following risks o los exposure you have been approachels Risk Management Consultiplain an appropriate risk management que that could have been wred to deal with the exposure below. Physical damage to the gas filling static Maria) ability lawsuit against the company arining out of the negligent operation they of Pue P.O.B 10 149. Acom Professional Library Marka Total loss of the company's property because of a fire Marko i Failure to deliver home filled cylinder on demand vernet of fault with the delivery tracks Marko Thefte of company's em and physical assault on worken by yang members who are in a park closer to the company 2 Marius) From the viewpoint of private, what are the six (6) ideal characteristics for a risk to be privately insurable (6 Marks) ) Explain with examples what continues the pre-loss objectives and pou low objectives of risk management (4 Mark)