Post Utme Mountain Top University 2023 Commerce Question 5

Practice objective / multiple choice question 5 from the 2023 Post Utme Mountain Top University Commerce examination.

Post Utme Mountain Top University 2023 Commerce Objective / Multiple Choice
Question 5 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2023 • COMMERCE • objective

A risk management strategy involves identifying, assessing, and mitigating risks. If a company identifies a risk that could result in a loss of ₦500 million, what is the best course of action?

Answer Options

A. Transfer the risk
B. Avoid the risk
Correct Answer C. Mitigate the risk
D. Accept the risk
Correct Answer
C
Correct Option:
Mitigate the risk

About This Question

This is Post Utme Mountain Top University 2023 Commerce Question 5. It is one of the objective questions from the 2023 Post Utme Mountain Top University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support