Question
The residual risk associated with a particular risk response alternative equals the: a. likelihood that remains after the alternative is implemented multiplied by the impact
The residual risk associated with a particular risk response alternative equals the:
a. likelihood that remains after the alternative is implemented multiplied by the impact that remains after the alternative is implemented.
b. likelihood that remains after the alternative is implemented multiplied by the risk response cost.
c. likelihood that remains after the alternative is implemented divided by the impact that remains after the alternative is implemented.
d. likelihood that remains after the alternative is implemented divided by the risk response cost.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started