A railway company investing in a signaling system to help identify and restore service quickly is an example of:

Question

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The investment in a signaling system is a form of risk mitigation, aiming to reduce the impact of potential risks such as service disruptions or accidents by identifying problems and restoring service quickly. Risk tolerance refers to the degree of uncertainty that an organization or individual is willing to accept in pursuit of its goals, while risk appetite refers to the amount and type of risk that an organization is willing to take on in pursuit of its strategic objectives. Risk resilience refers to an organization's ability to recover from and adapt to setbacks or disruptions.

A Railway Company Investing in a Signaling System to Help