Discus Risk Management Techniques Assignment
1 Which of the following would not normally be classified as a strategic risk?
A The risk that a new product will fail to find a large enough market
B The risk of competitors moving their production to a different country and being able to cut costs
and halve sale prices as a result
C The risk that a senior manager with lots of experience will be recruited by a competitor
D The risk of resource depletion meaning that new sources of raw materials will have to be found
2 List three business risks that are associated with the internet.
3 What are the main signs of fraud identified by SAS 110?
4 The level of reputation risk depends significantly on the level of other risks.
True
False
Discus Risk Management Techniques Assignment
5 What does event analysis aim to identify?
6 What is a leading event indicator?
A An event which requires immediate action
B Conditions that could give rise to an event and a risk crystallising
C One event triggering another
D The root cause of an event
7 Fill in the blank:
…… risk is the risk of unethical behaviour by one or more participants in a particular process.
8 Give three examples of items that could be subject to market risk.
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