Risk Management Is Both a __________ and _______________ Responsibility

question 12

Short Answer

Risk management is both a __________ and _______________ responsibility.

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Definitions:

Outputs

The tangible or intangible products that a business produces.

Concepts

Fundamental principles or ideas that serve as the foundation for a subject or system.

Intangible Products

Non-physical items that hold value, such as software, copyrights, and services.

Tangible Products

Physical items that can be perceived by touch such as electronics, apparel, and automobiles.