BUISENESS MANAGEMENT
RISK MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Uncertainty when looking to the future
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Clarity in future decisions
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Uncertainty when looking at the past
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Certainly of not suffering harm or loss
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Detailed explanation-1: -Option B) The potential you will make a bad choice, best describes risk because when somebody takes a risk, its the worst outcome is that he/she made a bad choice and has to face outcomes to it.
Detailed explanation-2: -[TCO B] Which of the following best describes Risk Analysis? Risk Analysis is a method/approach to evaluate the potential loss of IT assets given a disaster incident. Risk Analysis allows us to identify areas of possible business improvement.
Detailed explanation-3: -Risks should continue to be treated until no further risk reduction is possible.
Detailed explanation-4: -The purpose of risk management is to identify potential problems before they occur, or, in the case of opportunities, to try to leverage them to cause them to occur.