The risk management is the process of identifying the level of risk an organization wants, measuring the level of risk the organization currently has, taking actions that bring the actual level of risk to the desired level of risk, monitoring the new actual level of risk so that it continues to be aligned with the desired level of risk. What is the relationship between risk driver, risk position, and risk exposure?

• a) The risk driver equals the risk exposure times the risk position.

• b) The risk position equals the risk driver times the risk exposure.

• c) The risk exposure equals the risk driver times the risk position.