Organizations that do not have a comprehensive risk management program in place leave themselves open to disgruntled employees and customers as well as to potential civil liability.

Question

Quizplus · Accepted Answer

Without a risk management program, organizations cannot proactively identify and mitigate potential risks, leaving themselves vulnerable to negative consequences such as legal action or reputational damage. Without a comprehensive risk management program, organizations are more vulnerable to risks and may face legal and financial consequences.

Organizations That Do Not Have a Comprehensive Risk Management Program