BUISENESS MANAGEMENT
RISK MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In which time interval in a Haddon matrix is the focus on developing strategies aimed at reducing the exposure or minimizing risk at the time it is occurring? Page 56
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preevent
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energy vector
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event
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human factor
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Explanation:
Detailed explanation-1: -Essentially, the goal of risk management is to identify potential problems before they occur and have a plan for addressing them. Risk management looks at internal and external risks that could negatively impact an organization.
Detailed explanation-2: -What are the four types of risk mitigation? There are four common risk mitigation strategies. These typically include avoidance, reduction, transference, and acceptance.
There is 1 question to complete.