What is the difference between a risk appetite statement and just stating that you are prepared to accept risks?
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- What is the difference between a risk appetite statement and just stating that you are prepared to accept risks?What's the difference between a risk appetite statement and merely declaring you're prepared to accept risks?What's the difference between a risk appetite declaration and just saying you're willing to take risks?
- Can you distinguish between inherent and control risk?Discuss how scenario building can be used as an important tool in risk management. In your answer, show steps that are required to build a scenario.It is important to mention and quickly explain each of the five different risk-control strategies.
- you are required using your own words to discuss each of the topics below. You need to limit your discussion on each topic to be between 200 to 400 words. Risk Management Strategies in Software EngineeringIn performing Risk Management, one of the statement is not considered likelihood. a. Possible b. Improbable c. Probable d. Impossible