Which of the Following Are Key Characteristics of Enterprise Risk

question 144

Multiple Choice

Which of the following are key characteristics of enterprise risk management? 1. It considers risk in the formulation of strategy. 2. It applies risk management in some units of an entity. 3. It takes a portfolio view of risks throughout the enterprise. 4. It restricts the organization's ability to seize opportunities inherent in future events.

• A) 2 and 3 only
• B) 1 and 3 only
• C) 2 and 4 only
• D) 1 and 4 only

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Definitions:

Low-Growth Markets

Markets characterized by minimal increases in consumer demand or market size over time.

Stars

High-growth, high-market-share products or business units in the Boston Consulting Group matrix, indicating they have potential to generate significant revenue.

Growth

An increase in some quantity over time, such as economic growth which refers to an increase in the market value of goods and services produced by an economy.

High Performers

Individuals who consistently exceed standard performance expectations in their roles, contributing significantly to organizational goals.