Strategic Risk Assessment Is Designed to Identify, Analyze, and Manage

question 171

Short Answer

Strategic risk assessment is designed to identify, analyze, and manage possible threats to the organization's success concerning ____________________ forces such as competitors, customers, suppliers, and PEST factors.

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Definitions:

Government Interference

Actions taken by government to regulate or influence private activities or decisions, often seen in economic and personal freedoms.

Employee Privacy

Refers to the rights and expectations of privacy an employee has while working at an organization, balancing between the employer's need to monitor work and the employee's right to personal privacy.

Social Media

Platforms and websites that enable users to create and share content or to participate in social networking.

U.S. Law

The legal system of the United States, encompassing federal, state, and local laws, regulations, and legal precedents.