A Fire Started by Lightning That Burns Down an Organisation's

question 22

Multiple Choice

A fire started by lightning that burns down an organisation's business premises is an example of:

• A) an operational risk.
• B) a reputational risk.
• C) an intrinsic risk.
• D) an external risk.
• E) a strategic risk.

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Definitions:

Population Average

The mean value of a trait or characteristic within an entire population.

Sample Mean

The average of all the data points in a sample, used as an estimate of the population mean.

Square Root

The square root of a number is a value that, when multiplied by itself, gives the original number.

P < 0.05

A statistical threshold indicating that the observed results are significant with a probability of less than 5% being due to chance.