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Controllable risk factors are those that can be managed and lessened or reduced. Uncontrollable risk factors are like Acts of God.

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Q: What is the difference between controllable and uncontrollable risk factors?
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What is the difference between controllable and uncontrollable?

Controllable factors are those that can be managed or influenced by individuals or organizations, such as actions, decisions, or behaviors. Uncontrollable factors, on the other hand, are outside of one's control, such as external market conditions, natural disasters, or government regulations.


What is the definition of uncontrollable risk factor?

controllable risk factors


How do you discuss an economic factor?

for an organization economic factors mean factors which affect the organisation policy decision.some factors are controllable & some are uncontrollable


What are controllable and uncontrollable factors in International Marketing?

1.Controllable factor or often called as "Marketing Mix".Now a days it remember as "4P's" It includes: Product,Price,Place and Promotion. 2. Uncontrollable factors are often called as "Environmental Factors" it includes: Political factors, Economical Factors, Social Factors, Technological Factors, Competitive forces factors Regulatory forces factor


What is the difference between controllable and noncontrollable risk factors?

Consider these two risks:- 1) that you will be hit by a meteorite. 2) that you will be sick because you ate bad food. The first risk is uncontrollable because there is nothing you can do to lessen it. However the second risk is controllable because you can take care to see that your food is fresh and well cooked - in other words you can lessen this risk.


What refers to an individual's perception of the main causes of life events?

Attribution theory refers to an individual's perception of the main causes of life events, whether attributing them to internal or external factors, stable or unstable factors, or controllable or uncontrollable factors.


Are raw materials a controllable or uncontrollable cost?

Raw materials are typically considered an uncontrollable cost because their prices are set by external factors such as market demand and supply. While a company can negotiate with suppliers or seek alternative sources, they have limited control over the overall price of raw materials.


What is the definition of Risk Factor?

controllable risk factors


What are some controllable risk factors?

Food washing


What can a marketer do about the uncontrollable factors when making decisions?

The marketer should keep a provision for uncontrollable or unforeseen factors and maintain a contingency fund to meet the eventualities.


What are examples of controllable factors in business?

Owners, Employees, Customers and Managers.


What are the three parts of attribution theory?

The three parts of attribution theory are locus of control (internal or external), stability (stable or unstable), and controllability (controllable or uncontrollable). These factors help explain how individuals interpret and explain the causes of their own behavior and the behavior of others.