Risk assessment
Quiz
•
Business
•
University
•
Practice Problem
•
Hard
Sabine Kersting
Used 34+ times
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9 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the best way to define risk in business ?
It is the potential of being destroyed, of losing yourself, of walking away with a shattered heart and nothing to say for yourself except that you tried.
It is any agent that can cause harm or damage to humans, property, or the environment. Risk is defined as the probability that exposure to a hazard will lead to a negative consequence
Anything that threatens a company's ability to meet its target or achieve its financial goals is called business risk
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the best definition of hazard ?
Likelihood of harm in defined circumstances
Potential to cause harm
A person who is skilled in magic or who has magical powers
It is used to generally refer to risky situations whether big or small.
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is the frequency to assess risk assessment?
Monthly
Quarterly
Half Yearly
Yearly
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the second step in a risk assessment?
Record your findings
Evaluate the risk
Identify the hazard
Decide who may be harmed
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who should undertake the risk assessment?
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When would you need to update your risk assessment?
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
How many steps are in the Risk Management Process?
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