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Which of the following theories focuses on the external stimuli?
Assessing Risk
The process of identifying and evaluating potential risks and their impact on a project, organizational objective, or activity.
Risk Mitigation
Strategies and methods implemented to reduce the severity, impact, or likelihood of potential risks to a project or organization.
Risk Evaluation
The process of identifying, assessing, and prioritizing risks to an organization or project, followed by coordinated efforts to minimize or manage the impact of these risks.
Risk Management
The process of identifying, assessing, and controlling threats to an organization's capital and earnings, including both strategic and operational risks.
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