What is a common factor among organizations that experience major losses?

Organizations that experience major losses often lack an embedded culture that emphasizes risk management, making this the correct answer. A strong risk management culture ensures that risk considerations are integrated into all aspects of decision-making and operations within the organization. This includes awareness of potential risks, regular monitoring, and proactive measures to mitigate those risks.

When risk management is not ingrained in the organizational culture, employees may overlook or underestimate threats, leading to poor risk assessment and management practices. This can result in vulnerabilities that expose the organization to significant losses, whether from operational errors, compliance failures, or unforeseen events.

The other factors, while they can contribute to challenges within organizations, do not universally lead to major losses in the same way a lack of a risk management culture does. High staff turnover might disrupt operations but isn't a direct cause of losses. Failure to invest in technology can create inefficiencies but may not necessarily lead to catastrophic loss. Insufficient marketing strategies can affect revenue but are not primarily related to risk exposure. Therefore, fostering a culture that emphasizes risk awareness and proactive management is vital in safeguarding organizations from significant losses.