Jonathon Is in Charge of Risk Management for Learnit Corp

question 112

Multiple Choice

Jonathon is in charge of risk management for Learnit Corp., a large chain of preschools in the midwest. He has decided to build enterprise risk management into the organization. The first step Jonathon should take is to:

• A) decide on the spyware software the organization should buy.
• B) send a letter to all of the staff informing them that using e-mail for personal purposes will not be allowed.
• C) remove the playgrounds from all of the locations.
• D) decide which risks the organization should manage.

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Definitions:

PHStat

An Excel add-in designed to perform statistical analysis, it provides tools for statistical tests, data analysis, and graphical presentations.

Coefficient of Variation

A standardized measure of dispersion of a probability distribution or frequency distribution, calculated as the ratio of the standard deviation to the mean.

PHStat

An Excel add-in that enhances the statistical capabilities of Microsoft Excel, providing tools for statistical analysis and decision-making.

Return to Risk Ratio

A measure that compares the expected returns of an investment to the risk or volatility associated with it.