Which term describes assessing dangers or problems?

Which term describes assessing dangers or problems?

• A. Oversight
• B. Control
• C. Risk Management
• D. Decision-Making

Answer: (C)

Risk management centers on identifying potential dangers or problems, judging how likely they are and how serious their impact could be, and deciding how to address them. This combination of recognizing risks, assessing their severity, and planning actions to reduce or control them is exactly what “assessing dangers or problems” points to in this context. Oversight is about supervision and ensuring rules are followed, not the active process of evaluating risks. Control focuses on implementing safeguards, not on the initial assessment of risk. Decision-making is about choosing among options, which comes after risk assessment but isn’t the act of assessing risks itself. In practice, risk management would involve listing hazards, evaluating probability and impact, prioritizing those risks, and selecting mitigation steps.

Risk management centers on identifying potential dangers or problems, judging how likely they are and how serious their impact could be, and deciding how to address them. This combination of recognizing risks, assessing their severity, and planning actions to reduce or control them is exactly what “assessing dangers or problems” points to in this context. Oversight is about supervision and ensuring rules are followed, not the active process of evaluating risks. Control focuses on implementing safeguards, not on the initial assessment of risk. Decision-making is about choosing among options, which comes after risk assessment but isn’t the act of assessing risks itself. In practice, risk management would involve listing hazards, evaluating probability and impact, prioritizing those risks, and selecting mitigation steps.