Strategic Risk Assessment Is Primarily Concerned with

question 76

Multiple Choice

Strategic risk assessment is primarily concerned with

• A)possible external threats to the company's success in accomplishing its objectives.
• B)allocation of the company's resources to accomplish its internal processes.
• C)safeguarding of the company's computerized assets and records.
• D)achieving operating efficiencies in the areas of production and human resources.

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Definitions:

Tax Rate

The income proportion taken as tax from either individuals or corporations.

Variable Cost

Expenses that fluctuate in direct proportion to the volume of production or commercial operations.

Contribution Margin

The amount by which the sale of a product or service exceeds its production cost, used to cover fixed costs and generate profit.

Depreciation Expense

Distributing the expense of a physical asset across its lifespan.