1) Why does an international business need to constantly analyse and mitigate its personnel risk?

a.The company has a duty to manage this risk.

b.To determine if the company needs to buy any insurance

c.All of the above

d.None of the above

2)If a company just pays its personnel well enough to work in a dangerous country, is that sufficient?

True

False

3)When referring to the mitigation of personnel risk, negligence risk means?

a.The possibility of physical and/or psychological harm to the employee

b.The possibility of the company looking bad, if something goes wrong

c.The possibility of the company having to pay up if it loses a law suit

d.All of the above

4)Your company is thinking of transferring you to the Middle East, to work on oil-tankers transiting to/from the Persian Gulf, the Red Sea, and the Arabia Sea. There is some personnel risk, as recent hostilities between Saudi Arabia and Iran have made the region a dangerous place. You are 27 years old, have no family, and would be stationed in Bahrain, alongside the US Naval Fleet in the Middle East. What should the company be considering?

Your age, and experience working in dangerous places

What you will doing while working on these oil-tankers

All of the above

None of the above

5)If your company sends you to Bahrain, it will be for a 3-year period, and subject to successfully passing a medical exam. How should the company have researched current conditions in Bahrain?

Consulted with local country experts

Consulted with relocation specialists

All of the above

None of the above

6)If you accept the transfer you will living in a protected compound, adjacent to the Naval Base in Bahrain. As a result, your security risks arising from kidnapping and terrorism while living in Bahrain should diminish?

True

False

7)The company has produced a ranking of risks to personnel, similar to the Case Study that we reviewed in Module 3, Unit 8. One of the conclusions is that the company should risk reduce, by paying to fly your girlfriend/boyfriend to Bahrain every 6 months, for a visit. Will this reduce the company's risk?

True

False

8)The ranking of risks to personnel, also concluded that the company should risk transfer. It plans to this by purchasing kidnap and ransom insurance on your life. Will this reduce the company's risk?

True

False

9)It is expected that you will only be working on US flagged oil-tankers, both at sea, and at port. The US flagged oil-tankers sail under the protection of the US Naval Fleet based in Bahrain. Is it correct that there a need for an extraction plan?

True

False

10)You and the company would also like to make a little extra money in your time off. You are considering free-lance work on oil-tankers transiting from Nigeria and Libya through to India and China. Is it correct that there is a need for an extraction plan?

True

False

11)Why does an international business need to monitor its foreign physical asset risk?

a.To guard against loss of profit if the asset is seized

b.To guard against business interruption if something goes wrong

c.All of the above

d.None of the above

12)To an international business, what is foreign physical asset risk?

a.The possibility of loss to theft or damage

b.The possibility of loss to man-made and natural disasters.

c.The possibility of loss to terrorism, political, or social unrest

d.All of the above,

13)Your company is considering construction of a new state-of-the-art computer chip manufacturing facility in Wuhan, China. The facility will produce 75% of all the company computer chips, used in its products. Approximately 2/3 of the company products are sold in China. Your company needs to

a.Identify exactly what foreign assets would be at risk

b.Assess if goods stored at this foreign facility could be damaged or stolen

c.All of the above

d.None of the above

14)Your company has concerns about the Wuhan location, and has asked you to assess the potential for damage. This will require that you research when and where around Wuhan, hazardous events have occurred in the past?

True

False

15)Your research has identified the presence of a local market, from which it appears that two very damaging global viruses have originated. If you were to analyse the ability of local institutions to react to the threat of another virus outbreak, you would look at?

a.The presence of emergency medical services

b.The presence of hospitals and other health services

c.The ability to quarantine large numbers of people

d.All of the above

16) You have concluded that the origination of another virus from Wuhan, is a high severity, low probability, event. To assess severity, you should be using a ranking of Critical, Catastrophic, or Serious?

True

False

17)You have concluded that the origination of another virus from Wuhan, is a high severity, low probability, event. To assess probability, you do not need to use a ranking?

True

False

18) Your company is unlikely to agree to locating the new manufacturing facility in Wuhan, unless there is a contingency plan in the event of another viral outbreak. To help address this likely concern, you will need to use the Prevention, Response, and Recovery (PPR) tool?

True

False

19) A potential mitigation technique is risk transfer, via the purchase of insurance. Your research indicates that where there have been virus related claims, insurers have not paid out on their policies. Risk transfer via insurance, is still a good solution?

True

False

20)You realize that you are going to have to recommend a course of action to your company, not just conduct research. What are you going to recommend?

a.Locate the new manufacturing facility in Wuhan

b.Locate the new manufacturing facility elsewhere in China, not Wuhan

c.Recommend either of the above

d.Recommend both of the above