Final answer:
In the Naval Materiel Risk Management Process, risks are analyzed and mitigated, not disregarded or solely handled by external agencies. It is a coordinated effort within the Navy, rather than being the sole responsibility of individual departments.
Step-by-step explanation:
In the Naval Materiel Risk Management Process, risks associated with naval materials are identified, analyzed, and mitigated to ensure their proper functioning and to maintain the safety of operations. This process involves assessing potential risks and implementing strategies to reduce or manage those risks.
The correct answer to the student's question is C) Risks associated with naval materials are analyzed and mitigated. Misconceptions about the process should be clarified. A) Assessment of risks is disregarded is incorrect, as risk assessment is a critical part of the process. B) Risk management is handled by external agencies is also incorrect, as the process is typically an internal Navy function, although external agencies may be consulted for expertise.
Finally, D) Risk management is left to individual departments within the Navy is only partially correct. While individual departments may handle some aspects of risk management, it is often done in a coordinated manner guided by overarching Navy policies and procedures.