The Process of Identifying Risk,assessing Its Relative Magnitude,and Takingsteps to Reduce

question 37

Multiple Choice

The process of identifying risk,assessing its relative magnitude,and takingsteps to reduce it to an acceptable level.

• A)risk management
• B)risk analysis
• C)classification categories
• D)risk identification
• E)field change order
• F)threat assessment
• G)risk appetite
• H)qualitative assessment
• I)residual risk
• J)ranked vulnerability risk worksheet

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Definitions:

Seventeenth-Century Britain

The period in British history from 1601 to 1700, marked by significant political, cultural, and social changes, including the English Civil War and the beginning of the British Empire.

Davis And Moore

Sociologists who proposed a functionalist theory explaining the unequal distribution of societal rewards is necessary for the stability and functioning of a society.

Theory Of Stratification

The theory of stratification involves the analysis of social inequality and the layers of hierarchy in society, often based on factors like class, race, and gender.

Positions Are Greatly Rewarded

Refers to the idea that certain jobs or roles within a society are highly valued and thus receive substantial rewards, whether in terms of salary, prestige, or influence.