Palmer Polymers Is Changing from a Traditional Risk Management Program

Multiple Choice

Palmer Polymers is changing from a traditional risk management program to an enterprise risk management program.As a first step,the risk manager determined all the risks that the organization faces.Next,she created a grid with loss frequency on the x-axis and loss severity on the y-axis.Then she plotted all of the loss exposures based on frequency and severity.The grid and the plotted loss exposures are called a

A) probability distribution.
B) catastrophe model.
C) risk map.
D) risk management information system.