Risk Managers Should Have Ample Knowledge of the Business,its Activities,and

question 1

True/False

Risk managers should have ample knowledge of the business,its activities,and the industry it operates in.

---

Definitions:

Macroevolution

Large-scale evolutionary changes that occur over geological time, leading to the emergence of new species and the extinction of others.

Evolutionary Changes

The alterations in the genetic makeup of populations over time, leading to the diversity of organisms found on Earth.

Species

An assembly of life forms made up of alike members that can interchange genes or mate with each other.

Microevolution

Evolutionary changes within a species or small group of organisms, particularly over a short period.