Which Action Is Part of the Second Step of a Risk

question 116

Multiple Choice

Which action is part of the second step of a risk management programme analysis?

• A)Identify and understand risks.
• B)Evaluate the potential severity of risks.
• C)Select method to manage risks.
• D)Implement the decision.

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Definitions:

Marital Problems

Issues and conflicts that arise within a marriage, potentially affecting the relationship’s stability and longevity.

Merit Pay Systems

Compensation systems where employee pay increases are based on performance assessments, aimed at rewarding high achievers and encouraging continued high performance.

Assess Performance

The process of systematically evaluating or measuring an individual's, team's, or company's performance against set standards or objectives.

Typical Question

A common or standard inquiry that is often asked in various contexts to gather information or clarify understanding.