answersLogoWhite

0

A residual risk is the remains of a risk on which a response has been performed.

As part of CRM, you are managing some risk, for which you will have some risk response or strategy. A residual risk is the reminder of the risk that remains after you have implemented a risk response.

User Avatar

Wiki User

10y ago

What else can I help you with?

Related Questions

What does term residual risk mean in crm process?

Risk that remains after all controls have been identified and selected


What the term residual risk mean in the CRM process?

Risk that remains after all controls have been identified and selected


What does the term residual mean in the CRM process?

Risk that remains after all controls have been identified and selected


What does the term residual mean in CRM?

A residual What_does_residual_risk_mean_in_the_CRM_processis the remains of a risk on which a response has been performed.As part of CRM you are managing some risk, for which you will have some risk response or strategy. A residual risk is the reminder of the risk that remains after you have implemented a risk responseRead more: What_does_residual_risk_mean_in_the_CRM_process


What does the term residual risk mean in CRM?

A residual What_does_residual_risk_mean_in_the_CRM_processis the remains of a risk on which a response has been performed.As part of CRM you are managing some risk, for which you will have some risk response or strategy. A residual risk is the reminder of the risk that remains after you have implemented a risk responseRead more: What_does_residual_risk_mean_in_the_CRM_process


What does the term residual risk in the crm process?

Risk that remains after all controls have been identified and selected


What does the term residual risk means CRM?

A residual What_does_residual_risk_mean_in_the_CRM_processis the remains of a risk on which a response has been performed.As part of CRM you are managing some risk, for which you will have some risk response or strategy. A residual risk is the reminder of the risk that remains after you have implemented a risk responseRead more: What_does_residual_risk_mean_in_the_CRM_process


What does the term risiduel risk mean in crm prosess?

Residual risk in the context of the CRM (Customer Relationship Management) process refers to the remaining risk after all mitigation measures and controls have been implemented. It represents the exposure that an organization still faces despite efforts to manage and reduce risks associated with customer interactions, data handling, and overall relationship management. Understanding residual risk is crucial for organizations to make informed decisions about risk acceptance and further improvements in their CRM strategies.


What does term or residual risk mean in the CRM process?

"The residual risk is the risk or danger of an action or an event, a method or a (technical) process that, although being abreast with science, still conceives these dangers, even if all theoretically possible safety measures would be applied (scientifically conceivable measures)"Basically it means that it's the risk that remains once you've done everything you could in order to cancel out risk.


What does the term residual risk mean in terms of the crm process?

"The residual risk is the risk or danger of an action or an event, a method or a (technical) process that, although being abreast with science, still conceives these dangers, even if all theoretically possible safety measures would be applied (scientifically conceivable measures)"Basically it means that it's the risk that remains once you've done everything you could in order to cancel out risk.


What does the term risk mean in the CRM process?

Risk that remains after all controls have been identified and selected


What is the composite risk management (CRM) process?

what steps in the composite risk management process (CRM) is focuss on deteremining the probilitity and serverity of a hazard occuring

Trending Questions
Building a dynamic organization is another way of describing which function of management? How you you determine overall mission risk? Define health information management in lay terms? What are the key benefits of conducting an agile retrospective and how can it help improve team performance and collaboration? What are the different categories or stages that items move through in a kanban system, known as kanban lanes? What is SEO Administrator? What are the steps of the decision support model? The most effective way supervisors can overcome the productivity constraint of management limitations is by? In a firm that manufactures clothing the department that is responsible for actually assembling the garments is best described as a? What makes planning and controlling Siamese? What are the differences between a functional structure and a matrix structure in organizational design and how do these differences impact the efficiency and effectiveness of a company's operations? What are customer needs and how can businesses effectively address them? What is the difference between user stories and tasks in project management and how do they impact the overall development process? What is mean by lead management and their functions? What features should an effective business policy have? Describe the role of a manager in a typical organization? How do you check work breakdown structure for a project? What are the steps to IT risk management? How can a person with an IT background get into management consulting? Which perceptual process incudes three distinct steps place them in the correct order?