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9y ago

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What is the risk decision?

A risk acceptance decision is one based on what constitutes an acceptable level of risk.


What is risk acceptance decision?

A risk acceptance decision is one based on what constitutes an acceptable level of risk.


What is a risk acceptable decision?

A decision based on what constitutes an acceptable level of risk


The decision to accept risk should be made at the?

The decision to accept risk should be made at the appropriate level.


What is a risk acceptance risk?

A decision based on what constitutes an acceptable level of risk


Risk management involves sound decision-making accountability and flexibility.?

Yes, risk management involves sound decision making, accountability and flexibility. Managers are required to examine the risk associated with each project before making a decision.


Risk management involves sound decision-making accountability and flexibility?

Yes, risk management involves sound decision making, accountability and flexibility. Managers are required to examine the risk associated with each project before making a decision.


Risk management involves sound decision making accountability and flexibility?

Yes, risk management involves sound decision making, accountability and flexibility. Managers are required to examine the risk associated with each project before making a decision.


Does risk management involve sound decision-making accountability and flexibility?

Yes, risk management involves sound decision making, accountability and flexibility. Managers are required to examine the risk associated with each project before making a decision.


What is a risk acceptance decision in composite risk management?

Risk acceptance in composite risk management is a determination of what is an acceptable risk. One needs to determine what loss is acceptable and what loss is probable to determine if the loss is an acceptable risk.


What has the author A Smidts written?

A. Smidts has written: 'Decision making under risk' -- subject(s): Marketing, Decision-making, Farm produce, Risk


A decision to accept risk should be made at?

A decision to accept risk should be made at the organizational level, involving key stakeholders who understand the potential impacts on objectives. This decision should be informed by a thorough risk assessment, evaluating both the likelihood and consequences of the risk. Additionally, it should consider the organization's risk tolerance and strategic goals to ensure alignment with overall mission and values. Finally, documentation and communication of the decision are essential for accountability and ongoing risk management.