The Risk Priority Number Is Computed as Occurrence ∗ Outcome

question 76

True/False

The risk priority number is computed as Occurrence ∗ Outcome ∗ Detection.

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Definitions:

Recruitment Process

The series of actions, steps, or procedures undertaken by an organization to identify, attract, and select candidates for employment.

Organizational Design

The process of shaping an organization's structure and roles to align with its objectives, strategy, and culture.

External Adaptation

Refers to the way an organization or individual adjusts and responds to changes in the external environment, including market shifts, technological advancements, and socio-political changes.

Internal Integration

The process of building shared values, beliefs, and practices within an organization to enhance unity and cooperation among its members.