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GAQM ISO-31000-CLA Exam - Topic 3 Question 33 Discussion

Risk management theory that considers an organization-wide approach to risk management is known as what type of approach?
D) Holistic
A) Cross-functional
B) Comprehensive
C) Interrelational

GAQM ISO-31000-CLA Exam - Topic 3 Question 33 Discussion

Actual exam question for GAQM's ISO-31000-CLA exam
Question #: 33
Topic #: 3
[All ISO-31000-CLA Questions]

Risk management theory that considers an organization-wide approach to risk management is known as what type of approach?

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Suggested Answer: D

According to , page 4, a holistic approach to risk management is ''one that considers all sources and types of risks across all organizational units and activities''.It aims to integrate governance, strategy, performance, culture and ethics into a coherent framework for managing uncertainty2.


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Lucina
3 days ago
I think it's D) Holistic.
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Maybelle
9 days ago
I agree with Holistic, it covers everything!
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Lenna
14 days ago
Holistic? Really? Sounds too broad to me.
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Donte
19 days ago
Wait, isn't it A) Cross-functional?
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Antonio
24 days ago
Definitely B) Comprehensive, that's the right term.
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Gearldine
29 days ago
I think it's D) Holistic!
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Daron
1 month ago
I’m leaning towards B) Comprehensive, but I also remember the term holistic being used a lot in our case studies.
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Lasandra
1 month ago
I feel like I've seen a question like this before, and I think it was about a cross-functional approach. But that doesn't seem right now.
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Howard
1 month ago
I remember discussing a comprehensive approach in class, but I can't recall if that was the same as organization-wide.
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Tomoko
2 months ago
I think the answer might be D) Holistic, but I'm not entirely sure. It sounds familiar from our readings.
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