A major difference between enterprise risk management and traditional risk management lies in the narrow focus of traditional risk management on:
I. Property and liability risks.
II. Risks with insurance solutions.
III. Risks impacting organizational objectives.
Traditional risk management typically focuses on property and liability risks, which are often addressed through insurance solutions. It usually does not encompass risks that impact the broader organizational objectives. Therefore, the correct answer is that traditional risk management has a narrow focus on both property and liability risks and risks with insurance solutions (I and II only).
could you please why the c is not correct ????