COMPUTER SCIENCE AND ENGINEERING
OPERATING SYSTEM
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Is to eliminate any unplanned losses in financial and disaster recovery
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Provides a structured approach for responding to unplanned events to proceed the business
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Create a work flow activity and procedures and the timescale required to carry out continue work
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None of the above
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Detailed explanation-1: -Risk management is the process of identifying, measuring and treating property, liability, income, and personnel exposures to loss. The ultimate goal of risk management is the preservation of the physical and human assets of the organization for the successful continuation of its operations.
Detailed explanation-2: -Essentially, risk management occurs when an investor or fund manager analyzes and attempts to quantify the potential for losses in an investment, such as a moral hazard, and then takes the appropriate action (or inaction) given the fund’s investment objectives and risk tolerance. Risk is inseparable from return.
Detailed explanation-3: -Disaster risk reduction is aimed at preventing new and reducing existing disaster risk and managing residual risk, all of which contribute to strengthening resilience and therefore to the achievement of sustainable development.