1 of 18
Definition
Possible events and situations resulting from employee actions, core
processes, and daily business activities
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Financial risks Prospective risks
Strategic risks Operational risks
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, 2 of 18
Definition
A risk-response strategy that involves reducing or controlling the
impact of a risk if it occurs
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Mitigation Acceptance
Avoidance Transference
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3 of 18
Definition
A risk-response strategy that involves accepting a risk's
consequences because the potential payoff is higher than the losses
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Mitigation Transference
Avoidance Acceptance
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Definition
Possible events and situations resulting from employee actions, core
processes, and daily business activities
Give this one a try later!
Financial risks Prospective risks
Strategic risks Operational risks
Don't know?
, 2 of 18
Definition
A risk-response strategy that involves reducing or controlling the
impact of a risk if it occurs
Give this one a try later!
Mitigation Acceptance
Avoidance Transference
Don't know?
3 of 18
Definition
A risk-response strategy that involves accepting a risk's
consequences because the potential payoff is higher than the losses
Give this one a try later!
Mitigation Transference
Avoidance Acceptance
Don't know?
