Answer Happy

Q32
… is used to examine the business environment to identify
changes and potential risks and prepare for them.
Select one:
a.
PEST
b.
SWOT
c.
Ratio
d.
SMART
Q34
Which of the following examples are specific areas of concern
for an organisation relating to operational risk?
a Insourcing where firms take on the operational
risks of their third parties.
b Highly automated and integrating technology that
has the potential to transform risks from minor manual processing
errors to major systematic failures.
c The growth of e-commerce that brings with it some
new and potentially significant operational risks for both
consumers and firms.
d Firms that outsource their activities may suffer
some loss of control over them, which could affect the quality and
availability of their products.
Choose the correct combination:
Select one:
a.
a,b
b.
a,c,d
c.
a,b,d
d.
a,b,c,d
Q35
The risk management policy of an organisation should address the
specific responsibilities of the…
Select one:
a.
board, the corporate governance committee and the risk
committee.
b.
stock exchange committee, the marketing committee and the
board.
c.
risk committee, the board and the remuneration committee.
d.
remuneration and marketing committee.
Q36
… is used to prepare for the possible worst-case to the
best-case situation.
Select one:
a.
Brainstorming
b.
Delphi technique
c.
Scenario analysis
d.
Structured interviews
Q37
There are four levels of a responsible business enterprise.
Which level refers to meeting all legal requirements through an
effective programme to prevent and detect misconduct?
Select one:
a.
Risk management level
b.
Compliance level
c.
Reputational enhancement level
d.
Value-added level