_____ Determines Each Identified Risk's Probability of Occurrence and Impact

question 46

Multiple Choice

_____ determines each identified risk's probability of occurrence and impact on the project.

• A) Risk mitigation
• B) Risk assessment
• C) Risk avoidance
• D) Risk analysis
• E) Risk monitoring and control

---

Definitions:

Geographic Boundaries

Demarcated physical limits of geographical areas, which can include country borders, state lines, or natural barriers.

Production Factors

The inputs used in the process of producing goods or services, typically classified as land, labor, and capital.

Globalized Market

A large market created by combining separate national markets.

European Union

A political and economic union of 27 European countries that are located primarily in Europe, aiming to ensure free movement of people, goods, services, and capital.