What is an objective of performing a risk assessment?

Performing a risk assessment primarily aims to identify risks that could affect an entity's resources. This process involves analyzing potential threats and vulnerabilities that could impact the organization’s operations, assets, and overall business continuity. Understanding these risks is crucial for developing strategies to mitigate them and ensuring that the organization is prepared for potential disruptions. Identifying risks allows organizations to allocate resources appropriately, prioritize risk management efforts, and make informed decisions about how to protect their assets and maintain effective operations.

The other options, while relevant in different business contexts, do not pertain directly to the primary objective of a risk assessment. Boosting team morale, enhancing product marketing, and increasing inventory turnover are focused on improving various aspects of business performance but do not address the systemic identification and management of risks that can threaten an organization’s viability.