Which of the following pairs of actions would be BEST to manage risk?

The effective management of risk requires specific types of action. Which of the following pairs of actions would be BEST to manage risk?

Question:

Which of the following pairs of actions would be BEST to manage risk?

Options:

Training in risk management for all staff and identification of risks

Identification of risk, analysis and management of the exposure to risk

Control of exposure to risk and investment of capital

Training of all staff and investment of capital

Correct Answer

The Correct Answer for this Question is

Identification of risk, analysis and management of the exposure to risk

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