Question

Which question best addresses the issue of risk with a new job?

A. What are the qualifications and requirements?
B. Is there a chance this job might not work out?
C. What are the wages and benefits for this job?
D. Is the job in an area with a high cost of living?

Answer 1

Solution: D. Is the job in an area with high cost of living? When you are applying for new job, we look for better wages and benefits but more than this we also check if the wages and benefits offered by new company are complying with the cost of living and expenditure in that particular city or place. We apply for new job considering requirements and qualifications, so this can be a risk factor.

Answer 2

The correct answer should be B. Is there a chance this job might not work out?

This is a risk related question because it is a part of risk assessment. When asking such questions, you usually analyze the possible situation and the outcome in order to prevent bad things from happening. People ask this question when they decide on whether the business endeavor is a risk that they're willing to take or not. The other questions are important as well but are not as much related to risk assessment.