​The Benefit Associated with a Particular Risk Response Alternative Equals

question 54

Multiple Choice

​The benefit associated with a particular risk response alternative equals the:

• A) ​inherent risk plus the response cost.
• B) ​inherent risk minus the residual risk.
• C) ​inherent risk plus the residual risk.
• D) ​residual risk minus the response cost.

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Definitions:

Buyers And Sellers

Participants in a market who exchange money for goods and services; buyers purchase while sellers offer.

Deindividuation

A state in which an individual in a group experiences a weakened sense of personal identity and diminished self-awareness.

Crowd Behavior

The behavior exhibited by individuals when they are in large groups, often resulting in actions that are not typical of their individual behavior.

Anonymous Member

A person who participates in an activity or group without revealing their identity.