Identify Risk Management Steps
Quiz
•
Business
•
8th Grade
•
Practice Problem
•
Medium
Kelley Rak
Used 11+ times
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43 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Fill in the blank: The fourth step in the risk management process is _________
Monitor the risk
Identify the risk
Assess the risk
Control the risk
Answer explanation
The fourth step in the risk management process is to 'Monitor the risk'. This involves continuously tracking identified risks and evaluating their impact to ensure effective management.
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following actions is "identifying the risk"?
Checking if the new safety rules are working
Noticing a puddle on the cafeteria floor
Installing non-slip mats in the hallway
Calculating how likely someone is to slip
Answer explanation
Noticing a puddle on the cafeteria floor is identifying the risk, as it highlights a potential hazard. The other options involve actions taken after recognizing a risk or assessing its likelihood.
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
After setting up internet safety rules, the teacher checks if students are following them. This is which step?
Assess the risk
Control the risk
Monitor and review
Identify the risk
Answer explanation
The teacher checking if students follow the internet safety rules is part of the 'Monitor and review' step, which involves assessing compliance and effectiveness of the established rules.
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which situation shows "assessing the risk"?
Putting up "Wet Floor" signs
Noticing broken playground equipment
Determining how serious an injury could be from the broken equipment
Checking weekly if repairs are holding up
Answer explanation
The correct choice, "Determining how serious an injury could be from the broken equipment," involves evaluating potential risks associated with the broken equipment, which is the essence of assessing risk.
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The school custodian puts salt on icy sidewalks. This represents which step?
Assess the risk
Control the risk
Monitor and review
Identify the risk
Answer explanation
Putting salt on icy sidewalks is a proactive measure to reduce the risk of slips and falls. This action is an example of controlling the risk, as it directly addresses the hazard by making the surface safer.
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which example demonstrates "controlling the risk"?
Reviewing whether students follow safety rules
Spotting students running in the halls
Installing security cameras in the hallways
Estimating how many accidents might happen
Answer explanation
Installing security cameras in the hallways is an example of controlling the risk as it actively reduces the likelihood of incidents by monitoring behavior, unlike the other options which are more about observation or estimation.
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Fill in the blank: The second step in the risk management process is _________.
Assess the risk
Identify the opportunity
Eliminate all risks
Ignore the risk
Answer explanation
The second step in the risk management process is to assess the risk. This involves evaluating the identified risks to understand their potential impact and likelihood, which is crucial for effective risk management.
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