A Grid Charting the Potential Frequency and Severity of Losses

question 54

Multiple Choice

A grid charting the potential frequency and severity of losses is called a

• A)risk management information system.
• B)risk management Intranet.
• C)risk management web site.
• D)risk map.

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Definitions:

Behaviours

The way an individual or group behaves or responds to outside or inside forces.

Maslow's Work

Refers to Abraham Maslow's hierarchy of needs, a psychological theory that prioritizes human needs from the most basic physical ones to higher-level emotional and self-fulfillment needs.

Human Needs

Fundamental requirements that motivate human behavior, including physiological, safety, love/belonging, esteem, and self-actualization needs.

Human Relations Approach

A management perspective that emphasizes the importance of understanding human motivations, needs, and relationships in the workplace.