Question

Spotting potential trouble and timely reaction are two of the most important factors of the:

A) Risk management process
B) Marketing strategy development
C) Financial analysis procedure
D) Human resource planning

Answer 1

The correct answer is A) Risk management process.

Step-by-step explanation:

The correct answer is A) Risk management process.

In risk management, spotting potential trouble and timely reaction are crucial for identifying and addressing risks before they become major issues. Risk management involves processes such as risk identification, risk assessment, risk mitigation, and risk monitoring. By regularly monitoring for potential trouble and reacting promptly, organizations can minimize the impact and consequences of risks and protect their assets and interests.