5. From taking care of risk perspective what should be done if the Impact of risk is high and likelihood of risk is high ? A. Terminate B. Transfer C. Tolerate D. Communica te 6. From taking care of risk perspective what should be done if the Impact of risk is low and likelihood of risk is low? A. Terminate B. Transfer C. Tolerate D. Communica te

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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I need 5 and 6

A. Similarity
B. Pifferend
connection
5. From taking care of risk perspective what should be done if the Impact of risk is
high and likelihood of risk is high ?
A. Terminate
B. Transfer
C. Tolerate
D. Communica
te
6. From taking care of risk perspective what should be done if the Impact of risk is
low and likelihood of risk is low?
A. Terminate
B. Transfer
C. Tolerate
D. Communica
te
7. The National Audit Office's report, Supporting Innovation: Managing Risk in
Government Departments, mentions the risks that are most commonly identified
by department: compliance risk, project risk, Missing an opportunity risk and ...
(multiple choice possible)
C. Market risk
B. Reputation-
risks to
A. Operational
D. Financial
risk
risk
8. Controls in the organization need to work well. There is one view that they should
be smart, in that they should be: Specific, Measurable, Results oriented and
...(multiple choice possible)
A. Achievable
B. Understandab
C. Timely
D. Logical
le
Focus
Transcribed Image Text:A. Similarity B. Pifferend connection 5. From taking care of risk perspective what should be done if the Impact of risk is high and likelihood of risk is high ? A. Terminate B. Transfer C. Tolerate D. Communica te 6. From taking care of risk perspective what should be done if the Impact of risk is low and likelihood of risk is low? A. Terminate B. Transfer C. Tolerate D. Communica te 7. The National Audit Office's report, Supporting Innovation: Managing Risk in Government Departments, mentions the risks that are most commonly identified by department: compliance risk, project risk, Missing an opportunity risk and ... (multiple choice possible) C. Market risk B. Reputation- risks to A. Operational D. Financial risk risk 8. Controls in the organization need to work well. There is one view that they should be smart, in that they should be: Specific, Measurable, Results oriented and ...(multiple choice possible) A. Achievable B. Understandab C. Timely D. Logical le Focus
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