The effective management of risk requires specific types of action. Which of the following pairs of actions would be BEST to manage risk?
Question:
Which of the following pairs of actions would be BEST to manage risk?
Options:
Training in risk management for all staff and identification of risks
Identification of risk, analysis and management of the exposure to risk
Control of exposure to risk and investment of capital
Training of all staff and investment of capital
Correct Answer
The Correct Answer for this Question is
Identification of risk, analysis and management of the exposure to risk