Insurance Brokerage Company uses a computer-based method of estimating the losses its clients will suffer if a severe storm or earthquake occurs. This method of estimating losses is called
A) capital budgeting.
B) securitization of risk.
C) risk mapping.
D) catastrophe modeling.
Question 2
Uncertainty pertaining to the organization's goals and objectives and the organization's strengths, weaknesses, opportunities, and threats is called
A) operational risk.
B) strategic risk.
C) subjective risk.
D) pure risk.
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A clone-by-clone, or map-based