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Business, 11.09.2019 01:10 murrachl000

Which of the following is a difference between risk management and scenario planning?
a. risk management plans for either high risk or low risk, whereas scenario planning prepares to minimize the impact of only high-risk events.
b. risk management is the identification and assessment of risks, whereas scenario planning is a technique to prepare and plan for multiple situations.
c. risk management is a new phenomenon beginning in the late 20th century, whereas scenario planning started 2,000 or 8,000 years ago.
d. risk management is driven by recent technological innovations, whereas scenario planning is driven by a western ideology.

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Which of the following is a difference between risk management and scenario planning?
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