Which of the following is the PRIMARY objective of risk management?
A.
Identify and analyze risk.
B.
Achieve business objectives
C.
Minimi2e business disruptions.
D.
Identify threats and vulnerabilities.
The Answer Is:
B
This question includes an explanation.
Explanation:
The primary objective of risk management is to achieve business objectives, as risk management involves identifying, assessing, responding, and monitoring the risks that may affect the desired outcomes and performance of the organization, and aligning them with the risk tolerance and appetite of the organization. Identifying and analyzing risk, minimizing business disruptions, andidentifying threats and vulnerabilities are not the primary objectives, as they are more related to the process, outcome, or source of risk management, respectively, rather than the purpose or value of risk management. References = CRISC Review Manual, 7th Edition, page 99.
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