In the real world, different projects have different levels of risk. As a result, the acceptance of a particular project generally has an impact on the firm's overall risk, although usually in a minor way (depending on size).

Question

Quizplus · Accepted Answer

This statement is true. Accepting a project with higher risk can increase the overall risk of the firm, but the impact may be minor depending on the size of the project and the risk management strategies in place.

In the Real World, Different Projects Have Different Levels of Risk