All of the Following Activities Illustrate a Risk Response Strategy

question 33

Multiple Choice

All of the following activities illustrate a risk response strategy designed to exploit an opportunity EXCEPT: 

• A) identify trigger condition 
• B) assign more or better resources 
• C) purchase insurance 
• D) give the project more visibility

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Definitions:

Bylaws

Rules and regulations that govern a corporation’s internal management.

Internal Management

The processes, policies, and practices employed within an organization to ensure effective and efficient operations.

Corporate Creation

The process of legally forming a corporation, which involves filing the appropriate documents with governmental authorities and meeting certain legal requirements.

Promoters

Individuals or entities that initiate the establishment of a company, often by arranging for its incorporation, financing, and registration.