te with both the risks a can also be described

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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Risk appetite can be define as
a. process is it ensures that the degree, type, and visibility of risk management are
commensurate with both the risks and the importance of the project to the organization
b.
Risk appetite can also be described as an organization's risk capacity, or the maximum
amount of residual risk it will accept after controls and other measures have been put in
place.
Transcribed Image Text:Risk appetite can be define as a. process is it ensures that the degree, type, and visibility of risk management are commensurate with both the risks and the importance of the project to the organization b. Risk appetite can also be described as an organization's risk capacity, or the maximum amount of residual risk it will accept after controls and other measures have been put in place.
Who make the ultimate decisions about projects, budgets, and expected outcomes?
a. D- level executive
O b. B- level executive
O c. C- level executive
Managing people and other stakeholders during COVID-19 pandemic successful strategy is to
retain the project talent
a. True
O b. False
Transcribed Image Text:Who make the ultimate decisions about projects, budgets, and expected outcomes? a. D- level executive O b. B- level executive O c. C- level executive Managing people and other stakeholders during COVID-19 pandemic successful strategy is to retain the project talent a. True O b. False
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