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3. Which of the following is not an example of a risk-sharing strategy? a. Outsourcing a noncore, high-risk area. b. Selling a nonstrategic business
3. Which of the following is not an example of a risk-sharing strategy? a. Outsourcing a noncore, high-risk area. b. Selling a nonstrategic business unit. c. Hedging against interest rate fluctuations. d. Buying an insurance policy to protect against adverse weather. 4. An organization tracks a website hosting anonymous blogs about its industry. Recently, anonymous posts have focused on potential legislation that could have a dramatic effect on this industry. Which of the following may create the greatest risk if this organization makes business decisions based on the information contained on this website? a. Appropriateness of the information. b. Timeliness of the information. c. Accessibility of the information. d. Accuracy and reliability of the information. 5. Which of the following risk management activities is out of sequence in terms of timing? a. Identify, assess, and prioritize risks. b. Develop risk responses/treatments. c. Determine key organizational objectives. d. Monitor the effectiveness of risk responses/treatments.
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