Which of the Following Are Typical Responsibilities for Operational Management

question 1

Multiple Choice

Which of the following are typical responsibilities for operational management within a risk management program? 1. Implementing corrective actions to address process deficiencies. 2. Identifying shifts in the organization's risk management environment. 3. Providing guidance and training on risk management processes. 4. Assessing the impact of mitigation strategies and activities.

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

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Definitions:

Sensing

The process of perceiving through the senses or a preference for dealing with concrete, tangible information.

Intuiting

The process of understanding or knowing something without the need for conscious reasoning or direct evidence.

Cognitive Style

An individual’s preferred method for gathering information and evaluating alternatives.

Evaluating Alternatives

The process of comparing and assessing different options in order to select the most appropriate or effective solution to a problem.