All of the Following Activities Illustrate a Risk Response Strategy

question 21

Multiple Choice

All of the following activities illustrate a risk response strategy designed to exploit an opportunity EXCEPT:

• A) increase the probability of the opportunity occurring
• B) increase the impact of the opportunity
• C) purchase insurance
• D) set up an organization to pursue the opportunity

---

Definitions:

Primary Function

The main or core purpose for which something exists or is used.

Client

An individual or organization receiving services, advice, or products from a professional or company.

Needed Resources

Essential materials, knowledge, or assistance required to accomplish a task or achieve a goal.

Parliamentary Procedures

A set of rules and guidelines designed to conduct meetings, debates, and decision-making in a structured manner, typically associated with legislative bodies.