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Transparency and inclusiveness are key ISO 31000:2018 attributes.
Transparency and inclusiveness are key ISO 31000:2018 attributes. Transparency means that risk management activities are visible, understandable, and verifiable by relevant stakeholders. Inclusiveness means that appropriate stakeholders are involved in risk management decisions and actions.
As part of the ISO 31000 risk management process, 'monitoring and review' is best thought of as which of the following?
Which of the following statement about operations risk management is incorrect?
According to ISO31000 (2018), clause 4., one of the principles of effective risk management is ''taking human and cultural factors into account''. This means that risk management should consider how people's behaviors, perceptions, values and attitudes influence or are influenced by risk .
An international bank has identified the risks associated with economic changes in the countries in which it operates. Which of the following correctly describes these risks?
