Which of the Following Is Part of the Process of Risk

question 8

Multiple Choice

Which of the following is part of the process of risk assessment? 

• A) determining the types of hazards involved 
• B) informing decision makers and the public about risks 
• C) determining how much money should be spent 
• D) communicating risk to the general public

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Definitions:

Strategic

Pertaining to the identification of long-term goals and the formulation of plans to achieve them, taking into account resources, competition, and the external environment.

Financially Successful

Refers to the state or condition of having achieved or exceeded desired financial goals, often indicative of profitable operations and effective financial management in an individual or organization's context.

People as Costs

A perspective in business where employees are viewed primarily as financial liabilities rather than assets or contributors to the company's growth.

Human Resource Planning

The process of analyzing staffing needs and identifying actions to fill those needs.