Risk/Risk Management

Your students take risks all the time, but do they realize how to translate their everyday risk experiences into the business world? If not, LAP-EC-911—Lose, Win, or Draw (Business Risk) can show them how! Use this LAP to teach your students the types of risk that businesses face, as well as how to handle them. LAPs (Learning Activity Packages) are comprehensive instructional packages that include all elements of a performance-oriented lesson plan. This LAP includes a student handout (with...

Life is full of decisions. Choosing cereal for breakfast is easy, but big decisions like choosing a career are difficult because they impact your life in a big way. This LAP—Worth the Risk (Assessing Risks of Personal Decisions)—will help your students learn how to assess and analyze risks of decisions that impact their lives and the lives of others. Activities and videos provide opportunities to discuss and assess the many different risks of personal decisions. LAPs (Learning Activity...

Ethics and risk management are two increasingly important topics in business. They need each other to be successful. But what exactly is the relationship between them, and how do they interact with each other? This LAP discusses the relationship between ethics and risk management, as well as ethical issues risk managers face and ways to promote ethics in risk management. LAPs (Learning Activity Packages) are comprehensive instructional packages that include all elements of a performance-oriente...

All business is risky, but smart businesses manage their risk. Help your students understand how businesses use risk management to avoid loss, create strategy, and increase profits with Prepare for the Worst; Expect the Best (Nature of Risk Management). This LAP explains how risk management is used to identify, monitor, and evaluate past and future risks, and it explores some cutting-edge technologies businesses use to manage risk today. LAPs (Learning Activity Packages) are comprehensive...