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Which of the following aspects of risk management does senior management’s decision best illustrate?

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(@palomamikel)
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An automobile manufacturer will become one of the first in the industry to adopt a new inventory management software. Despite the system being new to the market, senior management believes that the benefits are great enough to offset the potential risks.

Which of the following aspects of risk management does senior management’s decision best illustrate?

  • A . Residual risk.
    B. Inherent risk.
    C. Risk tolerance.
    D. Risk appetite.

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Suggested Answer: C
 
Posted : 21/10/2022 1:48 am

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