Comprehensive and Detailed Explanation (250–350 words)

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According to EC-Council CCISO documentation, the primary difference between quantitative and qualitative risk assessments lies in how risk is measured and expressed. Quantitative risk assessments result in numerical values, typically expressed in monetary terms, probabilities, or statistical models.

Quantitative assessments use data such as historical loss figures, threat frequency, and impact cost to calculate metrics like Annualized Loss Expectancy (ALE). This allows executives to directly compare risk exposure against budgets, insurance costs, and business investments. CCISO materials emphasize that quantitative assessments are particularly valuable for executive decision-making because they align risk directly with financial impact.

In contrast, qualitative risk assessments use descriptive ratings such as high, medium, or low based on expert judgment, interviews, and scenario analysis. Option A incorrectly describes qualitative methods. Option C reverses the definitions. Option D is incorrect because quantitative methods often align very well with business objectives.

Therefore, Option B is correct.