10 Questions
Mature risk management activities can hinder the effectiveness and efficiency of core processes.
False
Risk attitude in organizations does not influence how uncertainty is perceived.
False
Core processes must be effective but do not need to be efficient.
False
Risk appetite refers to the amount of risk an organization is willing to accept in the short-term.
False
Investment in opportunity risks can lead to better efficiency in core processes.
True
Risk appetite is unrelated to the organization's long-term objectives.
False
Core processes do not need to be effective if they are efficient.
False
Efficiency enhancement for opportunities is only needed in tactical processes.
False
Risk management activities do not play a role in enhancing the effectiveness of core processes.
False
Efficiency enhancement for opportunities is only necessary in compliance processes.
False
Prepare for a quiz on the categories of operational disruption at CSTC College's School of Business and Accountancy. Learn about the various types of disruptions that can affect business operations.
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