Which of the following statements describes a risk management principle that forms a part of effective risk management?
A) It encourages continual improvement.
B) It is included in decision making.
C) It is tailored to suit the organisation's needs and goals.
D) It creates value for the organisation.
E) All of these responses are correct.

Question

Quizplus · Accepted Answer

All of the statements describe risk management principles that form a part of effective risk management. Effective risk management encourages continual improvement, is included in decision making, is tailored to suit the organization's needs and goals, and creates value for the organization.

Which of the Following Statements Describes a Risk Management Principle