Which of the Following Is NOT a Way to Mitigate

question 74

Multiple Choice

Which of the following is NOT a way to mitigate risk?

• A)share the risk
• B)blame it on a third party
• C)document the risk
• D)transfer the risk

Describe the characteristics of a sustainable business and its impact on the environment.

Identify the elements that constitute the specific and general environments of an organization.

Understand the effects of technological conditions on organizational environments.

Recognize the process and importance of innovation in achieving competitive advantage.

---

Definitions:

Ownership Culture

An organizational culture where employees have a stake in the company's success, often through stock ownership, leading to increased engagement and productivity.

Share Options

Financial incentives given to employees that grant them the right to buy the company's shares at a set price after a certain period of time.

Gainsharing Plans

Incentive programs that share the cost savings or increased profits with employees, often tied to performance improvements.

Labor Efficiency

A measurement of the output produced by a worker or workforce within a specific timeframe, indicating how effectively labor is utilized in the production process.