Western Governors University (WGU) ITEC2001 C182 Introduction to IT Practice Exam

The primary purpose of strategic risk analysis is to identify and mitigate vulnerabilities. This process involves assessing potential risks that could affect an organization's strategic objectives and operations. By pinpointing vulnerabilities, organizations can develop strategies to manage or minimize the impact of these risks. This approach helps ensure that the organization can achieve its goals while maintaining operational integrity and security.

In strategic risk analysis, organizations evaluate various factors that could lead to risks, such as market competition, regulatory changes, cybersecurity threats, or internal weaknesses. Once these risks are identified, the organization can implement measures to mitigate them, such as strengthening security protocols, enhancing staff training, or adjusting strategic plans.

Collecting user information, enhancing data availability, and improving technology infrastructure, while significant aspects of overall IT strategy, are not the primary focus of strategic risk analysis. These elements may be part of broader risk management or IT strategies, but the crucial aspect of strategic risk analysis is its emphasis on identifying and addressing vulnerabilities that could impede success.