Future Business Leaders of America (FBLA) Cybersecurity Practice Test

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Prepare for the FBLA Cybersecurity Exam. Study with flashcards and multiple-choice questions. Each question includes hints and explanations to help you excel. Get exam-ready now!

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What is the purpose of risk mitigation planning?

To identify financial returns
To enhance opportunities and reduce project threats
To dismiss all project risks
To develop marketing strategies

The correct answer is: To enhance opportunities and reduce project threats

Risk mitigation planning serves the purpose of enhancing opportunities while simultaneously reducing potential threats to a project. This process involves identifying various risks that could impact the project's success and creating strategies to manage or lessen those risks, thereby improving the overall chances of achieving project goals. By focusing on both the opportunities and threats, risk mitigation planning helps in proactively addressing uncertainties that could lead to negative outcomes while also maximizing favorable conditions that could lead to positive results. Effective risk mitigation planning includes techniques such as risk assessment, prioritization, and the implementation of responses to identified risks, allowing organizations to navigate challenges more effectively and move towards their objectives with a clearer insight into the potential hazards and benefits involved.