Multiple choice technology testing

Risk management involves identifying risk and ___________

  1. Eliminating risks

  2. Avoiding risks

  3. Risk analysis

  4. Developing strategies to address risk
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Risk management comprises two core activities: identification (recognizing potential risks) and response development (creating strategies to address them). Response strategies include mitigation, transfer, avoidance, or acceptance based on risk analysis and organizational priorities.

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