6-13
6. Joseph is looking over the suggested promotions for the upcoming Spring 2023 baseball season. In his evaluation of the Izzy Dizzy Bat Race, he classifies the risk of injury to participants as having high frequency but low severity. Predicated upon this classification, what will Joseph's most likely strategy be in dealing with this risk? A. Risk Retention B. Risk Control C. Risk Transfer D. Risk Elimination 7. The ultimate goal of any risk management/preventative law program is to eliminate all risks. A. True B. False 8. Adopting a "preventive law" view encompasses a broader view of all risks that could affect an organization. A. True B. False 9. In the risk assessment of her swimming camp, Abby will examine the frequency at which particular hazards will occur as well as the severity of injury resulting from those hazards. A. True B. False 10. Kevin has classified several risks associated with Spikeball participation at a tournament his venue is hosting. If Kevin follows the most common risk management strategy, he will choose to eliminate those risks. A. True B. False is the key aspect of the preventive law plan since it involves the actual reduction of risk. A. Risk control B. Risk retention C. Risk evaluation D. Risk assessment 12. Christian and his staff have just finished their post-event evaluation of the first night of a conference basketball tournament. Based on this first night, Christian and his staff have decided to make some adjustments to their preventative law plan for the subsequent nights. At which stage of the DIM process is the post-event meeting as described in this hypothetical? A. Develop B. Implement C. Manage 13. If Mariah transfers the risk of her sport events company, that means she chooses to bear the financial consequences of her company's activities. (2 points) A. True B. False