Answered: challenges faced by organization in…

Business

Accounting

challenges faced by organization in risk management

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

50.

The following are challenges faced by organization in risk management, except

Group of answer choices

Top management may tend to be focused on achieving their goals to the extent of being blind to the unanticipated consequences of their policies

Multiple simultaneous risks materializing

None of the choices

The extra risks of less democratic organizations

Organizations being too risk-averse

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