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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 management is acceptable in the risk management process?

A necessary risk with benefits that outweigh the costs


What represents a principle risk management?

what of the following represents a principle of risk management


What represents principles of risk management?

what of the following represents a principle of risk management


What represents a Principles of Risk Management?

what of the following represents a principle of risk management


What does risk management?

Risk Management encompasses the following:- Risk Identification- Risk Quantification and Analysis- Risk Response and Control


What does risk management encompass?

Risk Management encompasses the following:- Risk Identification- Risk Quantification and Analysis- Risk Response and Control


What type of risk is acceptable in risk management?

A necessary risk with benefits that outweigh the costs


Which one of the following is not of the four risk management principles?

Accept no unnecessary risk is not one of the four risk management principles.


Which one of the following is not one of the four risk management?

Accept no unnecessary risk is not one of the four risk management principles.


Which on of the following is not one of the four risk management principles?

Accept no unnecessary risk is not one of the four risk management principles.


What type of risk is acceptable in the risk management process?

A necessary risk with benefits that outweigh the costs