A Risk Management System Should Mean That a Company Will

question 53

Multiple Choice

A risk management system should mean that a company will

• A)avoid all risks.
• B)reject any attempt to categorise risk.
• C)considered the likelihood of risks materializing.
• D)establish risk-avoiding controls irrespective of their costs.

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Definitions:

Blind Children

Refer to children who lack visual perception due to physiological or neurological factors.

Emotion

A complex psychological state that involves a subjective experience, a physiological response, and a behavioral or expressive response.

Cultures

The shared values, beliefs, behaviors, and artifacts making up a society's way of life, passed down from generation to generation.

Basic Emotions

Fundamental emotions that are universally recognized and experienced by humans, such as happiness, sadness, fear, disgust, anger, and surprise.