It is true that Enterprise risk management is a valuable approach that can better align security functions with the business mission while offering opportunities to lower costs.
<h3>What is Risk Management?</h3>
In order to limit, monitor, and control the likelihood or impact of unfortunate events or to maximize the realization of possibilities, risk management entails the identification, appraisal, and prioritization of risks (defined by ISO 31000 as the influence of uncertainty on objectives).
Instability in global markets, threats from project failures (at any stage of design, development, production, or maintenance of life cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events with uncertain or unpredictable root causes are just a few examples of the many different types of risks that can arise.
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Answer: Option (B) is correct.
Explanation:
The nominal GDP is equal to the real GDP in the base year, that's why GDP deflator in the base year is equal to 100.
GDP deflator is calculated as the nominal GDP divided by the real GDP multiply by 100. It is shown as:
GDP deflator = 
GDP deflator would be used as the conversion factor that transformed the real GDP into nominal GDP.
Answer:
c) wasteful rent-seeking
Explanation:
Rent-seeking is an economic activity that does not add any value, and it often includes lobbying and spending resources of your own company. This is a common practice when companies cannot find another feasible revenue stream, so they manipulate the distribution of various resources to gain wealth. This way, no value is created.
Answer:
Option A Individuals have the skill set necessary to successfully complete the project
Explanation:
The evaluation method doesn't matters, the rewards doen't matters, the acknowledgment of responsibilities also don't matters if the team members are not capable to achieve the set objective. This is the most important part of the team formation and after that the resources availability is very important. So the right answer is Option A.
