The Three Steps in Risk Management Are

question 68

Multiple Choice

The three steps in risk management are

• A)realization,response,and reaction.
• B)recognition,evaluation,and insurance.
• C)identification,evaluation,and response.
• D)evaluation,qualification,and litigation.
• E)assessment,formulation,and implementation.

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Definitions:

Standard Form

A way to write numbers using the digits 0-9, with each digit having a place value. In algebra, it refers to a way of arranging equations to a specific form.

Imaginary Unit

The imaginary unit, denoted as \(i\), is defined as the square root of \(-1\) and is foundational in complex number theory.

Standard Form

A way of writing numbers, particularly large or small numbers, using powers of ten, or a method to write equations, especially linear equations, in a specific format.

Imaginary Unit

The square root of negative one, denoted by \(i\), used in complex number calculations.