Question 1

Which of the following risks would likely be tolerated by a company?

Options :

A :

no risks should be tolerated

B : opportunities which are low risk and low impact

C : opportunities which are low risk and high impact

D : opportunities which are high risk and low impact

Answer: B

Question 2

2021-07-23-18-48-15-361d6c186f2b89c0ea2ea8615b7eb3c7

Which of the following will you put into box 4?

Options :

A :

hazard

B : financial

C : strategic

D : operational

Answer: B

Question 3

ISO 20400 represents what area of business?

Options :

A : Quality Management

B : Supply Chain Security

C : Risk Management

D :

Sustainable Procurement

Answer: D

Question 4

Which of the following models would be used to explore internal and external risks to a business?

Options :

A : Porter-s 5 Forces

B : STEEPLE

C : SWOT

D : Poisson Distribution

Answer: C

Question 5

An indemnity clause should contain which of the following pieces of information 1) duties of both parties 2) a monetary limit 3) insurance levels 4) details of the breach 5) a time limit

Options :

A : 1,2,5

B : 1,3,4

C : 2,4,5

D : 3,4,5

Answer: A

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