BFN421 Tma Solutions The fundamental principlesof risk management should cover the following except Create value for the operations of an organisation Be systematic and structured Be transparent and inclusive —>> Be transparent and exclusive 2. Which of this is not …
Which of the following showsin a depiction forms the production operations within an organisation —>> Flow chart Fault trees Organisational charts Checklist
The combined considerations of identificationof risk and its evaluation may be regarded as Risk control Risk monitoring —>> Risk analysis Risk evaluation
Which of the following best describes risk neutral —>> A person who is willing only to pay the average loss as a premium A person who accepts risk at less than the expected average loss An individual who is not …
All of these are examles of systematic risk except Interest rate fluctuation Changes in government legislation Environmental upheavals —>> Changes in management decisions Virus-free. www.avg.com
Which of these is an internal source of information for risk detection Emergency services from the fire services Professional bodies Consultants —>> Existing documents Virus-free. www.avg.com
Which of these cannot be associated with strategic risk —>> Use of obsolete items of equipment which may braek down A new competitor enters the firm’s industry The firm faces decisions about crating new products The firm faces decisions about …
Which of this is not a merit of flow chart as a technique for risk identification It charts out the complicated plant and process into smaller and manageabe design It tends to be more detailed compared with the previous technique …
Which of these cannot be asociated with strategic risk —>> Use of obsolete items of equipment which may break down A new competitor enters a firm’s industry The firm faces decision abut creating new products The firm faces decisions about …
The fundamental principles of risk management should cover the following except Create value for the operations of an organisation Be systematic and structured Be transparent and inclusive —>> Be transparent and exclusive Virus-free. www.avg.com
BFN421 Question: The type of risk that cannot be abridged or predicted in any approach is known as: Answer: Systematic risk Question: Which of the following is an example of outside stakeholder? Answer: The Government Question: A popular measure of …
