Post Utme Babcock University 2017 Commerce Question 37

Practice objective / multiple choice question 37 from the 2017 Post Utme Babcock University Commerce examination.

Post Utme Babcock University 2017 Commerce Objective / Multiple Choice
Question 37 POST_UTME_BABCOCK_UNIVERSITY • 2017 • COMMERCE • objective

A risk management strategy is a plan to identify, assess, and mitigate potential risks to a business. What is the main purpose of a risk management strategy?

Answer Options

A. To identify and assess potential risks
Correct Answer B. To mitigate and manage potential risks
C. To avoid and eliminate potential risks
D. To ignore and neglect potential risks
Correct Answer
B
Correct Option:
To mitigate and manage potential risks

About This Question

This is Post Utme Babcock University 2017 Commerce Question 37. It is one of the objective questions from the 2017 Post Utme Babcock University Commerce examination.

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