A rapidly growing tech start-up is revisiting its risk management plan in light of its strategic goal to rapidly increase market share. Which of the following best describes the organization's risk appetite?
The organization seeks to accept greater risks for potential higher returns conducive to growth objectives.
The company has a strict policy that avoids any risks that could potentially disrupt business operations.
The organization has a preference for transferring risks to third parties and insurance wherever possible, instead of accepting them.
The company only engages in risks that have been extensively analyzed and have risk mitigation strategies in place.