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Which sequence best reflects a correct managerial use of a risk matrix?

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Which sequence best reflects a correct managerial use of a risk matrix?

Rank risks only by revenue impact

0%

Decide mitigation first → Then assess impact

0%

Define context and risk appetite → Identify risks → Assess impact and probability → Map and prioritize → Decide treatment and monitor

100%

Identify risks → Transfer all high risks → Monitor only

0%

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