Examlex

Solved

Which of the Following Were Examples of Risk Management Deficiencies

question 1

Multiple Choice

Which of the following were examples of risk management deficiencies that lead to the GFC: i. risk being monitored at the individual level rather than the entity level.
ii. information about risks not reaching the board.
iii. the organisational culture of 'pursuing growth in profits'
iv. remuneration packages for high risk activities
v. alerting shareholders to a potential investment with a high return


Definitions:

Build-It-In Approach

A methodology focusing on integrating quality and efficiency into the process of product or service development rather than inspecting quality after production.

Web 2.0

The second generation of the World Wide Web, characterized by the ability for people to collaborate and share information online.

Social Networking

The use of internet-based platforms and applications to build social connections with others who share similar interests or activities.

User-Generated Content

Content created and shared by the general public rather than by paid professionals and contributors, which can include videos, blogs, discussion form posts, digital images, audio files, and other media.

Related Questions