The process of attempting to prevent the possibility of loss from a hazard such as personal injury, property damage, or economic loss is called
A) Knowledge Management
B) Total Quality Management
C) Risk Management
D) Operations Management

Question

Quizplus · Accepted Answer

The question is the definition of risk management (Choice C). The others are incorrect because knowledge management (Choice A) is the acquisition, sharing, and use of intelligence, understanding, and expertise within a sport organization to aid in the accomplishment of tasks, processes, and operations; total quality management (Choice B) is a comprehensive, structured approach to operations management that seeks to improve the quality of facility services through constant refinements in response to feedback from users and staff; and operations management (Choice D) focuses on administrating the processes to produce and distribute the products and services offered through a facility through the maintenance, control, and improvement of organizational activities that are required to produce products and services for consumers of the sport facility.

The Process of Attempting to Prevent the Possibility of Loss