P5DMALC5-1
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Question 1 of 5
Which four of the below are common risks faced by organisations?
Financial
Operational
Strategic
Nominal
Influential
Training
Hazard
Drag and drop the words into the correct gaps.
monitoringenvironmentevaluated
The risk needs continual and identified risks should be for change.
Drag and drop the items into the correct order.
Drag and Drop items to re-order them
- Identify
- Monitor
- Assess
- Manage
Which of the below does the following definition refer to? The method by which managers evaluate potential impact of risks and take action to reduce or eliminate them.
Risk audit
Risk identification
Risk rating
Risk control
Is the following statement true or false? An organisation should always be overly cautious when making decisions as it is universally accepted that high risk financial decisions always yield low financial reward.
TRUE
FALSE
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