Reasons to Adopt an Enterprise Risk Management Plan Include All

question 52

Multiple Choice

Reasons to adopt an enterprise risk management plan include all of the following EXCEPT

• A)to increase earnings volatility.
• B)to treat risks facing the business in a more holistic way.
• C)to increase net income.
• D)to gain an advantage over competitors.

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Definitions:

Clinical Judgment

The process by which healthcare professionals make decisions based on their knowledge, experience, and assessment of patient situations.

Standardized Interventions

Medical or health interventions that are based on evidence and can be applied universally to treat or prevent specific conditions.

Best Interventions

Optimal actions or treatments selected after assessment to achieve desired health outcomes or solve specific problems.

Nursing Diagnosis

A clinical judgment by a nurse about individual, family, or community experiences/responses to actual or potential health problems, forming the basis for selecting nursing interventions.