Which of the Following Activities Would NOT Fall into the Risk

question 66

Multiple Choice

Which of the following activities would NOT fall into the risk management function of HR?

• A) Sending all employees a text message requiring them to report in to a designated individual after an earthquake affects the city in which the company's plant is located.
• B) Negotiating with a representative of the Occupational Safety and Health Administration (OSHA) about appropriateness of a measure to reduce harmful gases in a mine.
• C) Requiring employees to purchase a minimal level of life insurance when they are deployed overseas.
• D) Designing policies and procedures for a shipping firm to handle episodes of piracy and employee hostage-taking..

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Definitions:

Substitute Goods

Products or services that can be used in place of each other, affecting demand when the price of one changes.

Papayas

No real economic definition; presumably referring to the tropical fruit as a commodity in the context of trade, agriculture, or market pricing.

Grapefruit

A large, tart citrus fruit with a segmented, juicy interior, often eaten for breakfast or used in culinary recipes.

Equilibrium Price

The price point in the market where the amount of goods being offered is the same as the amount of goods being sought by consumers.