The Most Difficult and Important Step in the Risk Management

question 32

Multiple Choice

The most difficult and important step in the risk management process generally is:

• A) evaluating risk
• B) reviewing the program
• C) selecting the best method(s) to handle the risk
• D) identifying the risk

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Definitions:

Regional Tastes

Preferences and inclinations specific to people in a particular geographic area.

Brand Loyalty

Commitment to a brand in the face of competition.

Guerilla Marketing

Marketing through unconventional, innovative, low-cost means to generate social buzz and maximum exposure.

Marketing Techniques

Strategies and tactics employed by businesses to promote and sell their products or services effectively.