BSBRSK501 _ Manage Risk_Formative Asssessment

Formative assessments Activity 1. 1. In a short sentence for each, explain the meaning of these terms: a) Risk b) Risk management c) Risk appetite d) Risk capacity 2. Why should risk management policies and procedures be periodically reviewed? 100words Activity 2. Scenario: You work for Australia Wide Taxations Solutions—a company of 1,500 employees offering taxation service in different cities accoress the country. The company offers five services:personal taxati...