Comprehensive and Detailed Explanation From Exact Extract:
The term “risk appetite” refers to the level of risk an organization is prepared to accept in order to pursue objectives and deliver benefits. In MSP, this is critical to aligning programme governance and decision-making with organizational tolerance.
MSP Foundation, 5th Edition states:
“Risk appetite defines the level of risk that an organization is willing to accept in pursuit of its objectives.”
Hence, C is the correct answer.
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