Post Utme Babcock University 2023 Commerce Question 16

Practice objective / multiple choice question 16 from the 2023 Post Utme Babcock University Commerce examination.

Post Utme Babcock University 2023 Commerce Objective / Multiple Choice

Question 16 POST_UTME_BABCOCK_UNIVERSITY • 2023 • COMMERCE • objective

A risk management strategy involves identifying, assessing, and mitigating potential risks to an organization. What is the primary benefit of this strategy?

Answer Options

A. Increased revenue through risk-taking

B. Improved access to new markets and customers

Correct Answer C. Reduced risk and increased stability

D. Increased government revenue through taxes

Correct Answer

Correct Option:

Reduced risk and increased stability

About This Question

This is Post Utme Babcock University 2023 Commerce Question 16. It is one of the objective questions from the 2023 Post Utme Babcock University Commerce examination.

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