APICS Certified Supply Chain Professional (CSCP) — Question 465

One of the benefits of utilizing ISO 31000 for a company is that it:

Answer options

• A. eliminates the probability of identified risks.
• B. serves as proof of the organization's environmental practices.
• C. increases organizational risk awareness.
• D. ensures the physical security of modes of transportation and storage.

Correct answer: C

Explanation

The correct answer, C, highlights that ISO 31000 promotes a culture of risk awareness within an organization, which is essential for effective risk management. Options A and D are incorrect as ISO 31000 cannot eliminate risks or guarantee security; rather, it helps in managing and understanding them. Option B is also wrong because ISO 31000 is not specifically focused on environmental practices.