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

What is the final stage of Deming's Plan - Do - Check cycle which is encouraged by ISO9001?

Options :

A : Improve

B : Review

C : Act

D : Assess

Answer: C

Question 3

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 4

In which of the following industries is it common to find dedicated resource for risk management?

Options :

A : banking and insurance

B : agriculture

C : manufacturing

D : the public sector

Answer: A

Question 5

2021-07-23-19-21-32-e2efebc73ed7d3407c3ab0a1142d7f4e

Which of the following will you put into box 7?

Options :

A : service credits

B : NDA

C : Conformance Specification

D : Force Majeure

Answer: C