Unformatted text preview: 3. Demand risks are those associated with the demand for a firm's products or services, such as new products developed by competitors. 4. Input risks are those associated with a firm's input costs, including materials and labor. 5. Financial risks are those that result from financial transactions, such as interest rate and currency exchange rate risks. 6. Property risks are associated with destruction of a firm's productive assets, including the threat of fire, floods, and riots. 7. Personnel risks are risks that result from human actions, such as theft and fraud. 8. Environmental risks include those risks associated with polluting the environment. 9. Liability risks are connected with product, service, or employee liability, such as costs incurred as a result of improper actions by employees or damages resulting from defective products. 10. Insurable risks are those that typically can be covered by insurance....
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- Spring '08