A Firm's Operations Should Have a Risk Management Program That

question 57

Multiple Choice

A firm's operations should have a risk management program that can anticipate ______.

• A)uncontrollable events
• B)the need to divest the business
• C)how employees can be redeployed from a business in distress
• D)the need to redeploy its resources

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Definitions:

Motivation

The driving force behind individuals' actions, desires, and needs, prompting them towards goal-oriented behavior.

Need Theories

Psychological theories that focus on the inherent human needs driving behavior and motivation.

Process Theories

Theories that focus on the psychological and behavioral processes that motivate individuals to act in certain ways.

Perceptual Biases

Psychological tendencies that cause the misinterpretation or distortion of a sensory stimulus or judgment.