Risk management & Grammar

Why is risk management critical in a business environment?

• It helps companies increase profits.
• It ensures all risks are eliminated.
• It allows organizations to identify, assess, and manage potential risks that could impact their objectives.
• It reduces the need for insurance.

Which of the following is NOT a benefit of effective risk management?

• Enhanced decision-making
• Compliance with regulations
• Guaranteed financial gain
• Protection of reputation

Complete the sentence using the passive voice with the correct infinitive form: 'The risk management plan needs ___________ by the team before the end of the week.'

• to review
• to be reviewed
• being reviewed
• reviewed

Complete the sentence with the correct form of the causative: 'The CEO __________ the risk assessment report prepared by the end of the day.'

• has
• have
• having
• had

Choose the correct option to complete the sentence: "The company __________ its IT systems audited annually to ensure security."

• has
• have
• having
• had

Risk management procedures __________ across all departments.

• must be implemented
• must implement
• must be implementing
• must have implemented

Choose the correct passive sentence

• The project should complete by the team.
• The project should be completed by the team.
• The project should be complete by the team.
• The project should been completed by the team.

Which of the following sentences uses a passive reporting structure?

• People believe that the new policy will reduce risks.
• It is believed that the new policy will reduce risks.
• The new policy is believed reducing risks.
• The new policy believed to reduce risks.

__________ that the company has reduced its risk exposure significantly.

• It reports
• It was reported
• It is reported
• It reported

Define risk appetite and provide an example in a business context.