An effective risk management framework should increase ______ to stakeholders, improve organizational process efficiency, and promote the sharing of best practices to identify, asses, and respond to risks.
A) Stock price
B) Market share
C) Transparency
D) Revenue

Question

Quizplus · Accepted Answer

An effective risk management framework should increase transparency to stakeholders by providing clear insights into the potential risks and how they are being managed. This helps in building trust and confidence among stakeholders.

An Effective Risk Management Framework Should Increase ______ to Stakeholders