Answer :
Understanding risk management topics can help in the everyday life because understanding these risk will be of help in understanding and evaluating the possible risk that may come to a person’s life especially in situations that he or she could be involved in.
Answer and explanation;
Understanding risk management topics is important in everyday life as it can;
-Help safeguard your credit and protect you from lawsuits.
-Also help one to avoid large medical bills.
Risk management involves identifying, assessing and controlling threats to an organization's earnings and capital. The risks may originate from a variety of issues such as legal liabilities, accidents and natural disasters among others.
- Help evaluate the risks involved with situations you might face while driving, hanging with friends, or being adventurous.
