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Which of the following is NOT one of the steps in the risk management process?

A) Which of the following is NOT one of the steps in the risk management process?
B) Risk assessment
C) Risk identification
D) Risk tracking
E) Risk response control

User Broderick
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1 Answer

4 votes

Final answer:

The correct answer to the student's question is 'Risk response control', as it is not a recognized stand-alone step in the risk management process, unlike the other options listed (E).

Step-by-step explanation:

The student's question pertains to the risk management process. In the risk management process, there are several key steps: risk identification, risk assessment, risk response planning, and risk monitoring and control. The options provided are all part of this systematic process, except for 'Risk response control', which is not typically listed as a stand-alone step. Instead, 'risk response' is an integral part of risk management, focusing on how to address the risks, and 'control' would generally be considered a part of risk monitoring or tracking which involves keeping track of the identified risks and evaluating the effectiveness of risk response strategies over time. Therefore, Risk response control is not a standard step in the risk management process.

Considering another similar question, in the context of food security, the four pillars are availability, access, utilization, and stability. 'Transformation' is not one of these pillars and can be seen as not applicable to the concept of food security pillars.

User Kwong
by
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