1. What is the primary goal of Enterprise Risk Management in healthcare settings? - A) Maximizing financial performance - B) Enhancing patient care quality - C) Reducing operational costs - D) Increasing market share Answer: B) Enhancing patient care quality Rationale: The primary goal of ERM in healthcare is to enhance patient care quality by identifying, assessing, and managing risks that could impact patient safety and care outcomes. 2. Which of the following best describes a 'risk appetite' in the context of ERM? - A) The level of risk a healthcare organization is willing to take - B) A documented list of potential risks - C) The process of transferring risk to another party - D) The total elimination of risk