What is the last step of ERM?
A) Risk Identification
B) Risk Categorization
C) Risk Prioritization
D) Risk Response

Name: What is the last step of ERM? A) Risk Identification B) Risk Categorization C) Risk Prioritization D) Risk Response
Brand: Quizplus
Rating: 4.9 (44 reviews)

Question

Quizplus · Accepted Answer

The last step of Enterprise Risk Management (ERM) is Risk Response, where organizations decide on actions to address identified risks, including avoidance, reduction, sharing, or acceptance.

What Is the Last Step of ERM