A Risk Assessment Matrix Is a Tool for

question 27

Multiple Choice

A risk assessment matrix is a tool for

• A) making a person responsible for the risk.
• B) stating if the risk will be avoided, accepted, or mitigated.
• C) examining the results of the project.
• D) assessing and managing risks.

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Definitions:

Entrepreneurship

The process of designing, launching, and running a new business, typically starting as a small business, such as a startup.

Social Enterprise

organizations that operate commercially to address social problems, combining business practices with social objectives.

Philanthropic

Pertaining to the act of giving money, time, or effort to support a cause or mission that benefits society, often without financial or material return to the giver.

Commercial

Pertains to commerce or business activity in general; often used to describe advertisements on television or radio.