A Risk Manager Should Address Which of the Following Considerations

question 48

Multiple Choice

A risk manager should address which of the following considerations?
I.The firm needs to understand the major risks and consequences that the company faces.
II.The firm needs to determine if it is being paid for any particular risk.
III.The firm should simply view risks as external factors beyond the firm's control.
IV.The firm should know how to control a particular risk.

• A)I only
• B)I and II only
• C)I, II, and IV only
• D)III only

---

Definitions:

Veteran

An individual with extensive experience or service in a particular field or occupation.

Perceptive Listener

An individual who attentively listens and is able to understand and interpret the underlying meanings in what others say.

Relational Levels

Refers to the different layers or stages of depth in interpersonal relationships, ranging from superficial to deeply personal connections.

Other-Oriented

Focused on the needs, motives, desires, and goals of others in one’s communication.