What is the purpose of ranking risks in a farm family's livelihood plan?
Answer and explanation
Correct answer: Prioritising risks according to probability and impact
Ranking risks helps use limited resources better. Exam tip: write both probability and impact.
Frequently asked questions
What is the correct answer to this question?
Prioritising risks according to probability and impact
Why is this the correct answer?
Ranking risks helps use limited resources better. Exam tip: write both probability and impact.
Which subject and chapter does this question cover?
This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Traditional occupations in India - Agriculture.