Which of the following statements best describes the ISO 31000:2018 definition of risk? Select one: a. Risk is the effect of uncertain organisational objectives. b. Risk is the probability of adverse events happening. c. None of the others. d. Risk is an uncertain consequence of an event, or an activity, on an individual's well-being.
Question
Which of the following statements best describes the ISO 31000:2018 definition of risk?
Select one:
a. Risk is the effect of uncertain organisational objectives.
b. Risk is the probability of adverse events happening.
c. None of the others.
d. Risk is an uncertain consequence of an event, or an activity, on an individual's well-being.
Solution 1
a. Risk is the effect of uncertain organisational objectives.
Solution 2
a. Risk is the effect of uncertain organisational objectives.
Similar Questions
Which one of the following statements is TRUE. Strategic risk is: Select one: a. undesirable and an organisation should avoid the risk b. not referred to in AS ISO 31000 c. a less significant source of value destruction than operational risks d. the risk of choosing a bad strategy and the risk of badly executing the chosen strategy
Risk is defined as the Blank______.Multiple choice question.possibility of suffering harm or loss resulting from a given actionidentification, assessment, and prioritization of suffering harm from a given actionsubjective judgment people make about the characteristics and severity of suffering harm from a hazardprocess of identifying potential hazards and analyzing what could happen if a hazard occurs
An Unknown-Unknown risk is assessed in the ISO 31000:2018 Risk Management process because it can be identified. Select one: True False
Which of the following statements best describes risk?A. Uncertainty when looking to the future. B. Clarity in future decisions.C. Uncertainty when looking at the past. D. Certainly of not suffering harm or loss
Which of the following statements accurately describe risk? Select all that apply.1 pointAnother way to think of risk is the likelihood of a threat occurring.If compromised, a low-risk asset would have a severe negative impact on an organization’s ongoing reputation.A high-risk asset is any information protected by regulations or laws.If compromised, a medium-risk asset may cause some damage to an organization's ongoing operations.9.Question 9
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.