Which of the Following Is a Difference Between Risk Management

Multiple Choice

Which of the following is a difference between risk management and scenario planning?

A) Risk management plans for either high risk or low risk,whereas scenario planning prepares to minimize the impact of only high-risk events.
B) Risk management is the identification and assessment of risks,whereas scenario planning is a technique to prepare and plan for multiple situations.
C) Risk management is a new phenomenon beginning in the late 20th century,whereas scenario planning started 2,000 or 8,000 years ago.
D) Risk management is driven by recent technological innovations,whereas scenario planning is driven by a Western ideology.