Which of the following processes is used by organizations to set the risk tolerance, identify the potential risks, and prioritize the tolerance for risk?
Ha! Risk management, of course. Gotta love those corporate buzzwords. Though I'd prefer a more hands-on approach, like bubble-wrapping the entire office just to be safe.
Hmm, I'm not sure. I was thinking maybe D) Risk analysis, but I suppose that's more about evaluating the risks rather than managing them. C) Risk management sounds like the best answer to me.
I think the correct answer is C) Risk management. That's the process that organizations use to set their risk tolerance, identify potential risks, and prioritize their response to those risks.
Louis
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