The Perdue Bank of Houston,has just hired a new manager who has a reputation of anticipating potential problems and acting quickly to prevent those problems so that the bank stays healthy and profitable.What defense against risk is this bank making?

Question

Quizplus · Accepted Answer

Quality management, including the ability to anticipate potential problems and taking preventative actions, is an effective defense against risk for any organization including banks. The fact that the bank hired a new manager with a reputation for this approach suggests that they are making a concerted effort to minimize risk in their operations. Choices A, B, and D may also be effective strategies for managing risk, but they are not directly related to the actions of the new manager in this scenario.

The Perdue Bank of Houston,has Just Hired a New Manager