What is typically included in questions about risk management?

• A. Investment strategies
• B. Techniques for mitigating potential risks
• C. Regulatory compliance measures
• D. Customer service best practices

Answer: (B)

In discussions about risk management, techniques for mitigating potential risks are fundamental. This involves identifying, assessing, and prioritizing risks followed by the coordinated application of resources to minimize, monitor, and control the probability or impact of unforeseen events. These techniques may include risk avoidance, reduction, sharing, and acceptance, which are essential for creating effective risk management strategies. Focusing on these mitigation methods allows organizations to protect their assets, ensure operational continuity, and maintain compliance with regulatory standards.

While options like investment strategies, regulatory compliance measures, and customer service best practices may be relevant in broader business contexts, they do not specifically address the core function of risk management, which is to develop techniques specifically aimed at mitigating risks. Thus, the emphasis on mitigation techniques directly aligns with the primary goals of risk management.