Which of the following statements regarding enterprise risk management is false?

Multiple Choice

• When making the outsourcing decision, a company will consider whether deliveries will be reliable.

• Enterprise risk management is a process used by a company to identify potential risks and develop responses to them that enable goal achievement.

• When deciding whether to drop a product line, the consideration of whether competitors will capitalize on segment disposal to the companys detriment is an example of Enterprise Risk Management.

• Enterprise risk management is primarily used by companies that have adopted the Balanced Scorecard approach to performance measurement.