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A large multi-national corporation has just been awarded a credit rating of C by the three main credit rating agencies. What does this score signify?
In an organisation, who is responsible for creating a risk assessment register?
A financial instrument used by airlines to fix the price of fuel over a period of time is known commonly as a what?
Maple Tree Limited is a Canadian company who has recently signed a new contract with a supplier who is based in China. Maple Tree Limited will be buying a raw material with a reputation for severe price fluctuations. Which of the following would help mitigate the risk that this poses? Select TWO options
Company X is a large manufacturer of cosmetics and household products. It operates in 57 different countries and has large and complex supply chains. The brand's popularity is partly due to the cheap price of the products compared with its competitors and Company X has recently discovered that child labour has been used within its supply chain. In response to this Company X has donated a large amount of money to charity. What is this an example of?
There are three main areas where third party suppliers are used in risk management. What are they?
Which of the following models would be used to explore internal and external risks to a business?
Which of the following legal principles means that a person can only claim the value of a loss once, regardless of if they have multiple insurance policies?
Which of the following is not an internal risk for a business who imports raw materials from abroad?
Which of the following are key areas of ISO 26000 Social Responsibility? Select THREE.
Which of the following is a quantative method for completing a risk assessment and an alternative to using an impact scale?
Neruda Incorporated is evaluating potential suppliers' financial standings as part of a tender. Which of the following companies is the most financially stable?
Kevin is a consultant who works for himself and is predominantly based at home, except for when he visits clients. He has recently taken on a role advising a client about the feasibility of building a new railway station in a village. Which of the following insurances would be vital for Kevin to take out?
In probability theory, the chances of a coin landing on heads would be expressed in what way?
Yusef is a new procurement manager at FRD Incorporated. He is looking through the Risk Assessments for his department and notices that the cause of the risk is not identified. Why might this be?
Fudgylicious Inc is a manufacturer of confectionary based in the United Kingdom. In one of its factories an employee has an accident during his shift which resulted in him breaking a leg and requiring surgery. Will the employer's Professional Indemnity insurance cover the cost of the operation?
What is the final stage of Deming's Plan - Do - Check cycle which is encouraged by ISO9001?
Controlling a risk through the development of actions that can minimise the impact the organisation will suffer as a result of the risk event is known as what control?
In which of the following industries is it common to find dedicated resource for risk management?
TESTED 04 Dec 2024
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