Risk tolerance is an organizational factor that differs among companies trying to decide on a particular vendor.

Question

Quizplus · Accepted Answer

Risk tolerance reflects the level of risk that an organization is willing to accept in the pursuit of its objectives, and it can vary based on a variety of factors, including industry, size, culture, and financial resources. As such, different companies may have different levels of risk tolerance, which can influence their vendor selection process.

Risk Tolerance Is an Organizational Factor That Differs Among Companies