Salesforce Certified Sales Cloud Consultant
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NEW QUESTION: 1
NEW QUESTION: 2
The market your company operates within is changing and management is looking for you an SPHR for advice. They want you to identify risk that may affect the organization and take action to mitigate the identified risk events. What activity is management asking you to do?
A. Organizational planning
B. Risk response planning
C. Enterprise risk management
D. Identification of risk tolerance
Answer option D is correct.
Management is asking you to do enterprise risk management. This process identifies risk events, creates risk responses, and tracks the risk responses for their effectiveness.
Answer option C is incorrect. Organizational planning describes the structuring of an organization, not the identification and response to risk events.
Answer option A is incorrect. Risk tolerance is an organization's willingness to accept risk events. It's the organization's attitude towards risk.
Answer option B is incorrect. Risk response planning is the examination of possible risk responses and the selection of the best response for the situation.
Reference: Professional in Human Resources Certification Study Guide, Sybex, ISBN: 978-0-470-43096-5.
Chapter Four: Workforce Planning and Employment. Official PHR and SPHR Certification Guide, HR Certification Institute, ISBN: 978-1-586-44149-4, Section III, The US Body of Knowledge.
Chapter: Business Management and Strategy
Objective: Strategic Management
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