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PRINCE2 Exam PRINCE2-Foundation Topic 3 Question 62 Discussion

Actual exam question for PRINCE2's PRINCE2-Foundation exam
Question #: 62
Topic #: 3
[All PRINCE2-Foundation Questions]

What is described as an organization's unique attitude towards risk taking

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Suggested Answer: D

by Kristofer at Mar 29, 2023, 08:57 AM

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Carlee
4 months ago
As long as the exam doesn't ask about the risk of falling asleep during the test, I think I've got this!
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Lashawnda
2 months ago
C) Risk evaluation
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Queenie
3 months ago
B) Risk management
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Bette
3 months ago
A) Risk appetite
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Albert
4 months ago
D) Risk tolerance makes the most sense to me. It's like the organization's personal comfort zone for risky business decisions.
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Clare
2 months ago
A) Risk appetite and risk tolerance work together to help organizations make informed decisions about risk.
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Kirk
2 months ago
D) Risk tolerance is like setting boundaries for how much risk an organization is willing to accept.
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Ahmed
2 months ago
B) Risk management is crucial for identifying, assessing, and prioritizing risks within an organization.
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Magda
2 months ago
A) Risk appetite is also important to consider, as it reflects the amount of risk an organization is willing to take on.
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Chun
2 months ago
C) Risk evaluation involves analyzing and measuring the potential impact of risks on an organization.
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Sheldon
2 months ago
D) Risk tolerance is like setting boundaries for how much risk an organization is willing to accept.
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Desmond
2 months ago
B) Risk management plays a role in identifying, assessing, and prioritizing risks within an organization.
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Rashad
3 months ago
A) Risk appetite is also important to consider when determining how much risk an organization is willing to take on.
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Rozella
4 months ago
I believe it's D) Risk tolerance, as it refers to the level of risk an organization is willing to accept.
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Artie
4 months ago
I was tempted to choose A) Risk appetite, but that's more about the overall level of risk an organization is willing to take, not their specific attitude towards it.
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Kenneth
3 months ago
I see, so D) Risk tolerance is more about how much risk an organization is willing to accept in pursuit of its objectives.
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Kenneth
4 months ago
That's right, A) Risk appetite is more about the overall level of risk, while D) Risk tolerance is about the organization's specific attitude towards risk.
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Mattie
4 months ago
I think the correct answer is D) Risk tolerance. It describes how much risk an organization is willing to accept in pursuit of its objectives.
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Keneth
3 months ago
Exactly, it's important for organizations to understand their risk tolerance to make informed decisions.
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Honey
3 months ago
So, it's about how much risk they are willing to accept in order to achieve their goals.
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Garry
3 months ago
Yes, you're right. Risk tolerance is an organization's unique attitude towards risk taking.
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Dorinda
3 months ago
I think the correct answer is D) Risk tolerance.
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Sabine
4 months ago
I agree with Romana, organizations have different attitudes towards risk taking.
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Romana
4 months ago
I think the answer is A) Risk appetite.
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