True or False: Risk management can prevent all risks.
Answer (2)
Risk management cannot prevent all risks; it can only minimize their impact and likelihood. Unforeseen events can still create new risks, making complete elimination impossible. Effective risk management is about preparedness and proactive strategies. ;
Risk management cannot prevent all risks; it can only minimize their impact and likelihood. While strategies can reduce known risks, unforeseen events can still introduce new risks. Hence, the statement is False.
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