OC1 - Module 1 - Introduction to Risk management

oc1-module-1-introduction-to-risk-management

Exit

Question 1 of 1

Time Left

132130

600

block

1-Which one of the following is measurable and quantifies risk?

Select the correct answer(s).

(0/0)

132131

600

none

1-To understand risk, one needs to know the probability of an outcome or event occurring. Which one of the following statements is correct with respect to probability?

Select the correct answer(s).

(0/0)

132132

600

none

1-Probabilities are stated as a decimal figure, a percentage, or a

Select the correct answer(s).

(0/0)

132133

600

none

1-One of the elements of risk is uncertainty. Which one of the following best describes the type of uncertainty that risk involves?

Select the correct answer(s).

(0/0)

132134

600

none

1-Risk is a term that is regularly used and that is generally understood in context. As used in this discussion, which one of the following is one of the two elements within the definition of risk?

Select the correct answer(s).

(0/0)

132135

600

none

1-In the context of risk, the chance of being injured while driving to and from work, loading a truck at work, moving furniture at home, or falling in an icy parking lot at the mall are all examples of

Select the correct answer(s).

(0/0)

132136

600

none

1-The statement "There is a 5 percent chance that John will be injured in an automobile accident while driving to work tomorrow." is an example of

Select the correct answer(s).

(0/0)

132137

600

none

1-Risk involves the possibility of a negative outcome. Possibility means

Select the correct answer(s).

(0/0)

132138

600

none

1-One enterprise risk management (ERM) approach to categorizing risks involves dividing risks into four risk quadrants. The risks categorized as hazard risks are

Select the correct answer(s).

(0/0)

132139

600

none

1-Company G is a manufacturer of high profile golf equipment. The risk management professional for Company G is concerned about loss of business related to product design. Failing to respond to changing customer demand and preferences in the design of golf clubs could cost Company G significant market share. Categorized according to the quadrants of risk, this exposure to loss is classified as

Select the correct answer(s).

(0/0)

132140

600

none

1-Risk can be classified as pure or speculative. Which one of the following is the best example of a speculative risk?

Select the correct answer(s).

(0/0)

132141

600

none

1-Jean is the Risk Manager for a Fortune 1000 company. Her CFO has tasked her to analyze vulnerabilities in the firm's supply chain. The adequacy of suppliers to meet an organization's needs would be an example of which one of the following types of risk

Select the correct answer(s).

(0/0)

132142

600

none

1-Risk can be classified as diversifiable or nondiversifiable. Which one of the following statements is true with respect to this type of risk classification?

Select the correct answer(s).

(0/0)

132143

600

none

1-A new computer chip that could position a company for explosive growth is an example of

Select the correct answer(s).

(0/0)

132144

600

none

OC1 - Module 1 - Introduction to Risk management

Question 1 of 1

Time Left

1-Which one of the following is measurable and quantifies risk?

Select the correct answer(s).

(0/0)

1-To understand risk, one needs to know the probability of an outcome or event occurring. Which one of the following statements is correct with respect to probability?

Select the correct answer(s).

(0/0)

1-Probabilities are stated as a decimal figure, a percentage, or a

Select the correct answer(s).

(0/0)

1-One of the elements of risk is uncertainty. Which one of the following best describes the type of uncertainty that risk involves?

Select the correct answer(s).

(0/0)

1-Risk is a term that is regularly used and that is generally understood in context. As used in this discussion, which one of the following is one of the two elements within the definition of risk?

Select the correct answer(s).

(0/0)

1-In the context of risk, the chance of being injured while driving to and from work, loading a truck at work, moving furniture at home, or falling in an icy parking lot at the mall are all examples of

Select the correct answer(s).

(0/0)

1-The statement "There is a 5 percent chance that John will be injured in an automobile accident while driving to work tomorrow." is an example of

Select the correct answer(s).

(0/0)

1-Risk involves the possibility of a negative outcome. Possibility means

Select the correct answer(s).

(0/0)

1-One enterprise risk management (ERM) approach to categorizing risks involves dividing risks into four risk quadrants. The risks categorized as hazard risks are

Select the correct answer(s).

(0/0)

Select the correct answer(s).

(0/0)

1-Risk can be classified as pure or speculative. Which one of the following is the best example of a speculative risk?

Select the correct answer(s).

(0/0)

1-Jean is the Risk Manager for a Fortune 1000 company. Her CFO has tasked her to analyze vulnerabilities in the firm's supply chain. The adequacy of suppliers to meet an organization's needs would be an example of which one of the following types of risk

Select the correct answer(s).

(0/0)

1-Risk can be classified as diversifiable or nondiversifiable. Which one of the following statements is true with respect to this type of risk classification?

Select the correct answer(s).

(0/0)

1-A new computer chip that could position a company for explosive growth is an example of

Select the correct answer(s).

(0/0)

1-Which one of the following best describes the categories of risk included in the enterprise risk management model?

Select the correct answer(s).

(0/0)

Results

Correct

0

Incorrect

0

Skipped

0

Overall Percentage

0%

Rate Quiz