The philosophy of an Effective Risk Management Program is:

A. To report an occurrence promptly.
B. To focus on prevention, identify potential problems through assessment, and be proactive.
C. To react when an occurrence happens.
D. To disclose an adverse event to the patient.



Answer :

Final answer:

Risk management involves finding a balance between cost and threat in implementing measures to address hazards and probabilities of adverse effects.


Explanation:

Risk management is the practice of finding the balance between cost and threat in implementing measures. Risk analysis determines the probability of adverse effects. Risk assessment and risk management involve identifying hazards, exposures, and implementing measures.


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