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:

Performance Appraisal Method

A system used by organizations to evaluate and improve employee performance through structured feedback and ratings.

Comparative

Involves the study or analysis of differences and similarities between entities, such as countries, organizations, or management practices.

Skill-Based Pay

A compensation system where employees' wages are based on their skills, knowledge, and abilities rather than their job title or position.

Productivity

The measure of the efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs.