Types of Risk
This clip introduces the concept of business risk and risk management. It notes that business risks can generally be classified into four categories: property, market, employee, and customer.
Eliminating or Minimizing Risk
This clip talks about ways to eliminate or minimize potential risks, such as buying an existing business or buying into a franchise. Sometimes, the clip explains, the best way to reduce risk is simply by using common sense.
Risk and Insurance
This clip explores the different types of insurance available to help protect against risks and liability.
Counseling, Genetics, and Risk
Dr. Ed McCabe, Chief of the Mattel Children's Hospital at UCLA, talks about the different ways people react when they learn that their unborn child is at risk for severe malformation or mental retardation. Dr. McCabe adds that he is careful in such ...