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Questions and Answers
What is the definition of risk according to ISO 31000?
What is the definition of risk according to ISO 31000?
- Impact of unfortunate events
- Effect of uncertainty on objectives (correct)
- Uncertainty in international markets
- Probability of unfortunate events
What are the two types of events in risk management?
What are the two types of events in risk management?
- Negative events and positive events (correct)
- International events and local events
- Political events and natural events
- Market events and legal events
What is the primary goal of risk management?
What is the primary goal of risk management?
- Economical application of resources
- Identification and evaluation of risks
- Minimize, monitor, and control the probability or impact of unfortunate events (correct)
- Maximize the realization of opportunities
What are some sources of risks mentioned in the text?
What are some sources of risks mentioned in the text?
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How are risk management standards developed?
How are risk management standards developed?
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What is a hazard?
What is a hazard?
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What are the risks associated with hazards in a bedroom?
What are the risks associated with hazards in a bedroom?
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Why do we do risk assessments?
Why do we do risk assessments?
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What is the primary purpose of reducing incidents and protecting students, volunteers, and staff?
What is the primary purpose of reducing incidents and protecting students, volunteers, and staff?
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