The Amount of Risk a Company Is Willing to Accept

question 85

Multiple Choice

The amount of risk a company is willing to accept in order to achieve its goals and objectives is

• A) Inherent risk
• B) Residual risk
• C) Risk appetite
• D) Risk assessment

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Definitions:

Working Closely

Collaboration and close interaction among team members, departments, or partner organizations to achieve common goals or resolve issues.

Financial Based 3PL

A third-party logistics provider that offers financially focused services, including cost management, freight payment, and financial settlement, in addition to traditional logistical services.

Financial Interest

An economic stake or concern in an entity or transaction, potentially influencing personal or organizational decisions and behavior.