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All of the following are benefits of Risk Management EXCEPT a.Supports informed decisions b.Conserves lives and resources c.Removes all risk d.Provides suitable risk controls?
All of the following are benefits of Risk Management EXCEPT c. Removes all risk. While risk management aims to identify, assess, and mitigate risks to minimize their impact, it cannot eliminate all risks entirely. Instead, it supports informed decision-making, conserves lives and resources, and provides suitable risk controls to manage potential threats effectively.
What type of risk is acceptable in risk management process?
A necessary risk with benefits that outweigh the costs
What type of risk is acceptable in the risk management process?
A necessary risk with benefits that outweigh the costs
What type of risks acceptable in risk management process?
A necessary risk with benefits that outweight the cost.
What are some benefits of a risk management plan?
A risk management plan is not meant to eliminate risk but it is designed to manage risks that may be involved. The plan will include techniques and strategies to recognize and confront possible risks.
What type of risk management is acceptable in the risk management process?
A necessary risk with benefits that outweigh the costs
What type of risk is acceptable in risk management?
A necessary risk with benefits that outweigh the costs
What type of risk is acceptable in the risk management process?
A necessary risk with benefits that outweigh the costs
What type of risk is acceptable the risk management process?
A necessary risk with benefits that outweigh the costs
What type of risk is acceptable in the risk management process.?
A necessary risk with benefits that outweigh the costs
What type of risk is accepted in the risk management process?
A necessary risk with benefits that outweigh the costs
What type of risk is acceptable in risk management process?
A necessary risk with benefits that outweigh the costs
What type of the risk is acceptable in the risk management process?
A necessary risk with benefits that outweigh the costs
What types of risk is acceptable in the risk management process?
A necessary risk with benefits that outweigh the costs
What types of risk is acceptable in risk management process?
A necessary risk with benefits that outweigh the costs
What type of risk is acceptable the the risk management process?
A necessary risk with benefits that outweigh the costs
What type of risk is acceptable in the management process?
A necessary risk with benefits that outweigh the costs
