Which of the following statements about COVID-19 and the 2004 ERM framework is true? 

A. For the four types of objectives under Objective Setting, an event like COVID-19 probably affects Operations objectives disproportionately more than the other three types 

B. Although a firm should evaluate a catastrophic event, such as COVID-19, that event can never be said to affect a firm’s strategy and achievement of objectives 

C. Regardless of a company’s preparation or lack thereof for an event like COVID-19, if a company decides to not adjust to the threat, it would be considered risk averse 

D. COVID-19 would not be an appropriate example of an event under Event Identification

Answer rating: 100% (QA)

Answer Option B is Correct Although a firm should evaluate a catastrophic e... View the full answer