To Implement a Risk Management Plan,a Business Must First

question 50

Multiple Choice

To implement a risk management plan,a business must first

• A)prioritize the risks.
• B)develop effective strategies to deal with the risks.
• C)revise the plan on a regular basis.
• D)implement the plan.
• E)conduct a legal audit of the business operation.

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Definitions:

Passive

Accepting or allowing what happens or what others do, without active response or resistance.

Delinquency

The failure to adhere to laws or rules, often used in reference to minor criminal activities or failure in financial obligations.

Early Sexual Behavior

Engagement in sexual activities at a younger than average age, often considered in discussions of health and social outcomes.

Unemployed

Refers to individuals who are without a job and actively seeking work.