A.
Risk assessment is a dynamic management activity because of changes in the organisational environment and because of changes in the activities and operations of the organisation which interact with that environment.
B.
Some risks reduce over time and others increase, depending upon changes in the business environment that organisations exist in.
C.
It is necessary to always have accurately assessed risks because of the need to adjust risk management strategies accordingly.
D.
Changes in the environment might include changes in any of the PESTEL (political, economic, social, technological, environmental, legal) or any industry level change such as a change in the competitive behaviour of suppliers, buyers or competitors.