Which of the Following Would a Risk Manager Consider to Be

question 30

Multiple Choice

Which of the following would a risk manager consider to be circumstances where risk avoidance is appropriate?

• A) where it is possible to minimize risk by diversion to another
• B) where self-insurance or risk transfer is a considered option
• C) where the disadvantages would outweigh the advantages
• D) where the undesirable result of an activity is less than its advantages

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Definitions:

Declarative Knowledge

Involves understanding factual information, principles, and concepts that individuals can articulate and recall.

Training Effectiveness

The measure of how successfully a training program achieves its intended outcomes and objectives.

Mental Ability

The capacity to learn, reason, understand, and similar forms of mental activity; aptitude in grasping truths, relationships, facts, meanings, etc.

Cognitive Ability

The capacity of an individual to perform mental processes related to learning and problem solving, including memory, reasoning, understanding, and decision making.