GAQM ISO-31000-CLA Exam - Topic 5 Question 8 Discussion

Actual exam question for GAQM's ISO-31000-CLA exam

Question #: 8
Topic #: 5

Risk management is a strategic management process.

ATrue

BFalse

Show Suggested Answer

Suggested Answer: A

Risk management is a strategic management process2. Risk management helps organizations to align their objectives, strategies, and actions with their external and internal environment.

by Kirk at Jan 15, 2025, 11:51 PM

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Nan

9 months ago

Sounds a bit too broad to me, not sure I buy it.

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Asuncion

9 months ago

Wait, really? I thought it was just about avoiding losses.

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Julianna

10 months ago

Yeah, risk management is key for strategic planning.

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Rusty

10 months ago

I disagree, it's more about operational stuff.

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Jennifer

10 months ago

Totally true, it's all about strategy!

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Noah

10 months ago

I feel like I’ve seen this concept in case studies where risk management was integrated into strategic planning, so I would say True.

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Sina

10 months ago

I’m confused about this one. I thought risk management was more of a supportive function rather than a strategic process itself.

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Edward

11 months ago

I remember a practice question that mentioned risk management as a key component of strategy, so I’m leaning towards True.

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Tamesha

11 months ago

I think risk management is definitely part of strategic management, but I'm not entirely sure if it's the whole process.

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Selma

11 months ago

Risk management? Strategic management? This question is throwing a lot of business jargon at me. I'll need to take a step back and make sure I understand the core concepts before answering.

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Louisa

11 months ago

Okay, I think I've got this. Risk management is all about identifying, assessing, and controlling risks, which is definitely a strategic process for an organization. I'll go with True on this one.

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Anika

11 months ago

Hmm, I'm a bit unsure about this one. I know risk management is important in business, but I'm not sure if it's considered a strategic process. I'll need to think this through carefully.

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Kristine

11 months ago

This seems like a straightforward question. I'll focus on understanding the key terms "risk management" and "strategic management process" to determine if the statement is true or false.

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Aretha

2 years ago

Hmm, I don't know. Isn't risk management more of an operational thing? Oh well, I'll go with True just to be safe.

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Lottie

2 years ago

Risk management? More like risk avoidance! Am I right, folks? Anyways, I'm going with True on this one.

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Ryan

2 years ago

I agree, risk management is definitely a strategic process.

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Hayley

2 years ago

True

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Mila

2 years ago

True, true. You can't just wing it in business these days. Gotta have a solid risk management strategy to stay ahead of the curve.

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Jackie

2 years ago

I think this is a no-brainer. Of course, risk management is a strategic management process. It's all about identifying and mitigating potential threats.

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