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Lilly · 2023年08月18日

B 为什么不对

NO.PZ2023021601000076

问题如下:

Risk management is most likely the process by which an organization:(2016 mock)

选项:

A.adjusts its risk to a predetermined level. B.maximizes its risk-adjusted return. C.minimizes its exposure to potential losses.

解释:

An organization with a strong competitive position can recover from losses more easily than one with a weaker competitive positive. Therefore an organization's risk tolerance should reflect its competitive position. An organization's size does not define the risks sources it faces or the relative losses it can absorb; therefore it should not be reflected in its risk tolerance. Neither the risk sources affecting an organization nor the size of the losses an organization can absorb are a function of its perception of market stability.


课件里是这样写的

1 个答案
已采纳答案

Kiko_品职助教 · 2023年08月21日

嗨,努力学习的PZer你好:


课件里写的是最大化company‘s value或者说utility,这可不是最大化return。而是A答案说的那样,你要把风险调整到既定的能承受的水平,才能最大程度发挥公司价值实现utility最大化,这才是风险管理。

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努力的时光都是限量版,加油!

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