Question

What is a risk management plan?

A.
a plan that helps businesses create risks for their competitors
B.
a structured and detailed plan that helps businesses foresee risks and devises we
c.
a plan that businesses create to earn money when risks arise
D.
a plan that businesses create to lay off employees when risks arise
​

Answer 1

b

Step-by-step explanation:

the answer is B to get predictability of probability and potential effect

then you can derive countermeasures to minimize risk