answersLogoWhite

0


Best Answer

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

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the difference between controllable and uncontrollable risk factors?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

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 are controllable and uncontrollable factors in a marketing environment?

In a marketing environment, controllable factors are variables that a company can change to improve its performance, while uncontrollable factors are those that a company has no control over: Controllable factors These factors can be modified to improve a company's performance and profitability. Examples include: Product design Branding Packaging Pricing Advertising Distribution policies FOR MORE INFORMATION GO THROUGH OUR WEBSITE : SPEAKSAGA WE ARE PROVIDING INTERNSHIP FOR FRESHERS AND STUDENTS WE ARE PROVIDING SKILLS FOR GROWTH THROUGH A INTERNSHIP NO NEED TO PAY ANY AMOUNT FOR INTERNSHIP


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.