Which mindset promotes the most comprehensive risk management strategy?
Which mindset promotes the most comprehensive risk management strategy?
D is more reasonable answer
D. Mitigate losses provides a more balanced and holistic approach to risk management, ensuring that threats across the organization are addressed systematically.
If part2, I would choose B
sorry mistaking
If Part2, I would choose A.
Risk management applies to all types of organisations, not just publicly listed. Shareholder value does not apply to Gov, private, NFP etc. Plus it can place too much focus purely on financial results. It is too limited to be a good answer. The purpose of risk management is to protect the assets of the organisation it makes sense that a mindset of mitigating losses will foster a positive risk management strategy.
most comprehensive concept is shareholders interests