Question

In: Mechanical Engineering

Part II. Matching Match each of the following terms with their most appropriate description. A. Target...

Part II. Matching
Match each of the following terms with their most appropriate description.

A. Target risk
B. Countervailing risk
C. Synergistic effect

1.The risk scenario which prompts the whole decision process, often reflected by the main objective
2.The risk that arises from the action of managing the target risk
3.Desirable consequence of managing risk other than reducing the target risk

Solutions

Expert Solution

A. Target risk is the risk scenario which prompts the whole decision process, often reflected by the main objective.

B. Countervailing risk is the risk that arises from the action of managing the target risk.

C. Synergistic effect is the desirable consequence of managing risk other than reducing the target risk

samet mamat answered 2 years ago
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