Best Practices in Approaching Risk Management Include the Following Steps

question 59

Multiple Choice

Best practices in approaching risk management include the following steps except:

• A) identify risks.
• B) calculate revenue losses from risks.
• C) analyze and assess risks.
• D) design strategies for managing risk.
• E) measure, monitor and report risks.

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Definitions:

Fertile Offspring

Offspring that are capable of reproducing, indicating successful genetic combination and viability.

Species

A fundamental category in biological taxonomy, defined as a group of organisms capable of interbreeding and producing fertile offspring.

Evolution

The method through which various types of living beings are believed to have evolved and varied from their early ancestors over the Earth's history.

Biological Sciences

A branch of science concerned with the study of life and living organisms.