ATY Pty Ltd (ATY) is undertaking its annual review of its strategy. In the past while ATY has considered external and internal risks when formulating strategy, it does not however have a defined Risk Appetite Statement (RAS). ATY wants to develop an RAS. A key consideration in developing a RAS would be to understand?

Select one:

a. Risk strategy and risk awareness.

b. Risk attitude, risk strategy and the amount of debt and equity capital.

c. Risk attitude and the capacity to withstand risk events.

d. Risk attitude and the inherent risk levels facing the organisation.

e. The amount of Economic Capital.