Explanation:
Risk response tracking tracks the ongoing status of risk mitigation processes as part of risk response process. This tracking ensures that the risk response strategy remains active and that proposed controls are implemented according to schedule. When an enterprise is conscious of a risk, but does not have an appropriate risk response strategy, then it leads to the increase of the liability of the organization to adverse publicity or even civil or criminal penalties.
Incorrect Answers:
A: Risk management provides an approach for individuals and groups to make a decision on how to deal with potentially harmful situations
B: Integrating risk response options to address more than one risk together, help in achieving greater efficiency. The use of techniques that are versatile and enterprise-wide, rather than individual solutions provides better justification for risk response strategies and related costs.
C: Implementation of risk response ensures that the risks analyzed in risk analysis process are being lowered to level that the enterprise can accept, by applying appropriate controls.