9/19/23, 10:58 AM
Assessment 2: Attempt review
Started on
State
Completed on
Time taken
Marks
Grade
Question 1
Correct
Mark 1.00 out of
1.00
Thursday, 31
August 2023,
12:39 PM
Finished
Thursday, 31
August 2023,
12:42 PM
2 mins 56 secs
15.00/15.00
100.00 out of
100.00
The South African Police Service shooting at striking mine workers in the Marikana
area in August 2012 is an example of a ... risk.
1.
health and safety
2.
macro-political
3.
micro-political
4.
environmental
Your answer is correct.
The correct answer is:
macro-political
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9/19/23, 10:58 AM
Question 2
Assessment 2: Attempt review
Correct
Which of the following are examples of specific areas of concern for an organisation
relating to operational risk?
Mark 1.00 out of
1.00
a
Highly automated and integrating technology that has the potential of transforming
risks from minor manual processing errors into major systematic failures.
b
Insourcing, where firms take on the operational risks of their third parties.
c
Firms that outsource their activities that may suffer some loss of control over them,
which could affect the quality and availability of their products.
d
The growth of e-commerce that brings with it some new and potentially significant
operational risks for consumers and firms.
Choose the correct combination:
1.
a, b
2.
a, c, d
3.
a, b, d
4.
a, b, c, d
Your answer is correct.
The correct answer is:
a, b, c, d
Question 3
Correct
Mark 1.00 out of
1.00
Employees working for Company A have access to the company’s code of conduct,
which is not available to external parties. The code of conduct is posted on the
company’s ...
1.
management information system
2.
information assets
3.
e-commerce
4.
intranet
Your answer is correct.
The correct answer is:
intranet
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Question 4
Assessment 2: Attempt review
The macro-marketing environment consists of which of the following factors?
Correct
Mark 1.00 out of
1.00
1.
Operational, market, economic, competitive and environmental factors.
2.
Competitive, political, demographical and technological factors.
3.
Environmental, society, competitive, health and safety factors.
4.
Cultural, wealth, market, industry, sustainability, legal and regulatory factors.
Your answer is correct.
The correct answer is:
Competitive, political, demographical and technological factors.
Question 5
Information technology risks include …
Correct
Mark 1.00 out of
1.00
1.
floods, fires and other natural disasters and terrorist activities.
2.
a lack of observance of rules set by a regulatory body.
3.
the loss arising from legal action against an organisation for inadequate
practices.
4.
unauthorised access or disclosure of data and data corruption.
Your answer is correct.
The correct answer is:
unauthorised access or disclosure of data and data corruption.
Question 6
Correct
Mark 1.00 out of
1.00
Brian was allocated a feeding scheme tender through bribery. This tender resulted in his
business growing and he has made a considerable profit. Brian’s way of getting business
is …
1.
intelligent
2.
honest
3.
ethical
4.
unethical
Your answer is correct.
The correct answer is:
unethical
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Question 7
Assessment 2: Attempt review
Currency risk is concerned with …
Correct
Mark 1.00 out of
1.00
1.
fluctuation in the exchange rates which affects cash flows from overseas
investments.
2.
a lack of familiarity with the history of changes in the exchange rate of
different currencies.
3.
inability in the short-term to obtain cash in the desired currency.
4.
not having a cash surplus to respond to sudden or unexpected liquidity
problems.
Your answer is correct.
The correct answer is:
fluctuation in the exchange rates which affects cash flows from overseas investments.
Question 8
Correct
Mark 1.00 out of
1.00
… give/s an individual the exclusive right to reproduce the individual’s own written
work.
1.
Copyright
2.
Patents
3.
Designs
4.
Trademarks
Your answer is correct.
The correct answer is:
Copyright
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9/19/23, 10:58 AM
Question 9
Correct
Mark 1.00 out of
1.00
Assessment 2: Attempt review
Graham Capital is in the process of obtaining a loan from XWX Bank. Which of the
following factors must Graham Capital take into consideration?
a
the interest rate at the end term of the loan.
b
the nature of the interest rate.
c
the interest rate on commencement of the loan.
d
the duration of the payment.
Choose the correct combination:
1.
a, c
2.
b, c, d
3.
a, b, d
4.
a, b, c, d
Your answer is correct.
The correct answer is:
b, c, d
Question 10
Correct
Mark 1.00 out of
1.00
… is a technique to use when evaluating the profitability of an investment proposal for
a particular project.
1.
Percentiles
2.
Simulation
3.
Monte Carlo simulation
4.
Sensitivity analysis
Your answer is correct.
The correct answer is:
Sensitivity analysis
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9/19/23, 10:58 AM
Question 11
Correct
Mark 1.00 out of
1.00
Assessment 2: Attempt review
Which of the following are common challenges a business faces when implementing
project risk management?
a
No common risk language and no risk maturity models.
b
Failure to comply with legal and regulatory requirements.
c
Risk owners not automatically taking responsibility for assigned risks.
d
A lack of organisational resilience and stakeholder confidence.
Choose the correct combination:
1.
a, c
2.
b, d
3.
a, b, d
4.
a. b, c, d
Your answer is correct.
The correct answer is:
a, c
Question 12
Correct
Mark 1.00 out of
1.00
When implementing operational risk management in a business, external events which
can occur outside the business must be taken into consideration. These events may
require a business to have response strategies in the form of …
1.
project and knowledge management.
2.
project management and business contingency plans.
3.
change management and business contingency plans.
4.
change and knowledge management
Your answer is correct.
The correct answer is:
change management and business contingency plans.
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9/19/23, 10:58 AM
Assessment 2: Attempt review
Question 13
Which of the following factors may influence social risk within a business?
Correct
a
Education
Mark 1.00 out of
1.00
b
Health
c
Crime
d
Stress levels
Choose the correct combination:
1.
a, b
2.
b, c, d
3.
a, c, d
4.
a, b, c, d
Your answer is correct.
The correct answer is:
a, b, c, d
Question 14
Correct
Mark 1.00 out of
1.00
Mrs Lebo is a risk manager at A-Z Mining Ltd. She is approached by the board of
directors to comment on the health and safety system of the business. Which of the
following questions will be the most important ones Mrs Lebo will have to ask to
determine whether A-Z Mining Ltd is implementing health and safety measures
correctly?
1.
Is A-Z Mining Ltd identifying everyday health and safety risks?
2.
Is A-Z Mining Ltd creating measurable targets for occupational accidents and
hazards in the working environment?
3.
Is A-Z Mining Ltd creating a sound health and safety indicator system?
4.
Is A-Z Mining Ltd implementing a health and safety system which reflects
national legislation and common practice in the mining industry?
Your answer is correct.
The correct answer is:
Is A-Z Mining Ltd implementing a health and safety system which reflects national
legislation and common practice in the mining industry?
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9/19/23, 10:58 AM
Question 15
Correct
Mark 1.00 out of
1.00
Assessment 2: Attempt review
Global warming is a common concern worldwide. Which of the following initiatives
has the South African government implemented to reduce the effects of global warming?
1.
Emission trading protocols
2.
Carbon tax
3.
Environmental sustainability
4.
Allowances for greenhouse gas emissions
Your answer is correct.
The correct answer is:
Carbon tax
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