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

Free

80.2K

Verified Solution

Question

Mechanical Engineering

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

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 targetrisk
3.Desirable consequence of managing risk other than reducing thetarget risk

Answer & Explanation Solved by verified expert
3.6 Ratings (353 Votes)

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


Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students