Which of the following is an example of sharing risk?
A) An organization redesigned a business process to change the risk pattern.
B) An organization outsourced a portion of its services to a third-party service provider.
C) An organization sold an unprofitable business unit to its competitor.
D) In order to spread total risk, an organization used multiple vendors for critical materials.

Question

Quizplus · Accepted Answer

Outsourcing services to a third-party service provider is an example of sharing risk, as the third party assumes some of the risks associated with the services provided.

Which of the Following Is an Example of Sharing Risk