BUISENESS MANAGEMENT
RISK MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which one IS NOT the contains of Risk Register:
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Risk Identified
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Level of Risk
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Achievement of KPI
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Management Appetite
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Explanation:
Detailed explanation-1: -Most CEOs, CFOs, and financial analysts will tell you that revenue is a KPI (it’s really not), second only to profit (which is also not a KPI).
Detailed explanation-2: -What are KPIs for risk management? KPIs, or key performance indicators, for risk management are metrics for assessing risks for a business. KPIs evaluate the critical parts of a business that it needs for it to be successful in meeting its objectives.
Detailed explanation-3: -Types of KPIs Quantitative indicators that can be presented with a number. Qualitative indicators that can’t be presented as a number. Leading indicators that can predict the outcome of a process.
There is 1 question to complete.