Which of the following is the PRIMARY reason to engage business unit managers in risk...

Risk management is the process of identifying, analyzing, evaluating, treating, monitoring, and communicating the risks that may affect the achievement of an organization’s objectives. Risk management helps to optimize the risk exposure and performance of the organization, and support the business objectives and strategies. The primary reason to engage business unit managers in risk management processes is to enable better-informed business decisions, which are the decisions that incorporate the risk information and analysis into the strategic and operational choices of the organization. By engaging business unit managers in risk management processes, the organization can ensure that the business unit managers have the insight andunderstanding of the current and potential risks, their likelihood and impact, their interrelationships and dependencies, and their alignment with the risk appetiteand tolerance. This can help the business unit managers to prioritize the risks, allocate the resources, select the risk responses, monitor the risk performance, and evaluate the risk outcomes. References = 5