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Which of the following is most closely associated with pure risk?

 

A. profit and loss

B. personnel turnover

C. market fluctuations

D. insurance

E. Both1) profit and loss and2) market fluctuations.

 

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Question added by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date Posted: 2017/01/13
DR MD ANWAR HOSSAIN
by DR MD ANWAR HOSSAIN , Moderator , bayt.com

Thank you for invitation. I seem D is good answer.

Market fluctuation is most closely affiliated with pure risk.

D

 

Although the question is a little bit ambiguous the insurance deals with pure risk, you normally transfer the risk to the insurance company which will add extra cost to your project/program. 

Murtaza Bohara
by Murtaza Bohara , Part Time Work , AL ESTIQLAL EST.

As far as I concern the profit and loss depends on productivity and where your product stands in the market if the market fluctuate,  so according to me marketing fluctuations are most closely risk.

 

Eyad Omar Abdulatif Ahmad  Nofal
by Eyad Omar Abdulatif Ahmad Nofal , Supply Chain Deputy Manager , Axiom Telecom

E. Both1) profit and loss and2) market fluctuations.

Krishna   KHASANIS  PMP
by Krishna KHASANIS PMP , Project Manager-Electrical , Larsen & Toubro Ltd, P T & D (International)

In my opinion answer is C - market fluctuations & thanks for the invite.

Mohammad  Anwar Rizwi
by Mohammad Anwar Rizwi , Project Control Manager , Icon Construction LLC

Market Fluctuation is the only risk from the list. all others are taken care at the time of estimation & budgeting the project.

Muhammad Farooq
by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.

I think option D is closed to appropriate choice

Sattar Abdulkarim  Mohamed
by Sattar Abdulkarim Mohamed , Country Sales Director , Ideal Technical Solutions

Appreciation for your invitation. It is Option C. Market Fluctuations.  

Ahmed Hassan  Shaaban
by Ahmed Hassan Shaaban , Internal Audit Manager , EIPF (Egyptian Investor Protection Fund)

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