________ Includes Managing Not Only Adverse Risks, but Also Capitalizing

question 74

Short Answer

________ includes managing not only adverse risks, but also capitalizing on risk that presents the enterprise with opportunities to create value, such as evaluating risk associated with a new business acquisition.

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Definitions:

Information Sharing

The practice of making relevant, important data and insights accessible to those who need it.

Operating Guidelines

Set rules or protocols designed to guide the operation of systems, processes, or activities.

Proposal

A formal suggestion or plan put forward for consideration or discussion by others.

Decision Making

The cognitive process of selecting a course of action from among multiple alternatives.