Which of the Following Is a Difference Between Risk Management

question 39

Multiple Choice

Which of the following is a difference between risk management and scenario planning?

• A) Risk management plans for either high risk or low risk,whereas scenario planning prepares to minimize the impact of only high-risk events.
• B) Risk management is the identification and assessment of risks,whereas scenario planning is a technique to prepare and plan for multiple situations.
• C) Risk management is a new phenomenon beginning in the late 20th century,whereas scenario planning started 2,000 or 8,000 years ago.
• D) Risk management is driven by recent technological innovations,whereas scenario planning is driven by a Western ideology.

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Definitions:

Mass Movements

Large groups of people who come together to advocate for social, political, or other types of change.

Nativist Movement

A socio-political ideology favoring the interests and culture of native-born inhabitants over those of immigrants, often manifesting in policies or actions that discriminate against non-natives.

Elite Democrats

Refers to high-ranking or influential members within the Democratic Party who have significant power, influence, or status.

Popular Democrats

Members of the Democratic Party who enjoy widespread support and appeal among the general public or the party's base.