It Important That ERM and Strategy-Setting Are Integrated Because

question 3

Multiple Choice

It important that ERM and strategy-setting are integrated because

• A) strategies should not be developed if inherent risks are too high.
• B) strategies should align with an organization's mission, vision, and operational risk profiles.
• C) ethics risks should be considered before strategies are activated.
• D) mindset risks need to be minimized.
• E) All of these are correct.

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Definitions:

Lateral Buds

Buds located at the sides of a stem that can develop into a new branch, leaf, or flower.

Plant Hormone

Chemical substances produced by plants that regulate growth, development, and responses to environmental stimuli.

Water Stress

Water stress refers to the condition where the demand for water exceeds the available amount during a certain period or when poor quality restricts its use, impacting ecosystems, agriculture, and human populations.

Stomata

Microscopic pores found on the surface of leaves and stems of plants, facilitating gas exchange and water vapor release.