How Well Can You Score In The Risk Management Questions?

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How Well Can You Score In The Risk Management Questions? - Quiz

How well can you score in the risk management questions? Businesses face different types of risks as they operate and one having a clear guideline on how to identify, analyze, and curb them so as to successfully operate in their environment and met their goals. Give the questions a try and get to see what new information you might get.


Questions and Answers
  • 1. 

    Task: Do further research on the results of the Accenture survey and consider if companies are investing time and effort in the correct areas of risk management.  Write 250 words on your opinion.

  • 2. 

    Task: Research failed software and IT projects further –Detail in 250 words the risks that had not been properly identified and managed in one of the projects

  • 3. 

    Task: Review the risks detailed about the London 2012 games, which of the risks posed the greatest threat to the success of the games? –Detail in 250 words the risk and your reasons for choosing it

  • 4. 

    What proportion of companies are at risk from social media attacks?

    • A.

      1/3

    • B.

      2/3

    • C.

      1/2

    • D.

      65%

    Correct Answer
    B. 2/3
    Explanation
    Two-thirds of companies are at risk from social media attacks. This means that a significant majority of companies are vulnerable to potential security breaches or negative impacts through social media platforms. It highlights the need for businesses to have strong cybersecurity measures in place and to be cautious about their online presence to mitigate the risks associated with social media attacks.

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  • 5. 

    How much revenue is lost in total per year due to cyber-crime in USD?

    • A.

      $10 Million

    • B.

      $100 Million

    • C.

      $10 Billion

    • D.

      $100 Billion

    Correct Answer
    D. $100 Billion
    Explanation
    The correct answer is $100 Billion. This amount represents the total revenue lost per year due to cyber-crime in USD. Cyber-crime includes various illegal activities conducted online, such as hacking, identity theft, and fraud. These activities can lead to financial losses for individuals, businesses, and governments. The $100 billion figure highlights the significant impact of cyber-crime on the global economy and the urgent need for effective measures to combat it.

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  • 6. 

    According to the studies carried out by Accenture which risk is most likely to increase in the next two years?

    • A.

      Business Risks

    • B.

      Political Risks

    • C.

      Legal Risks

    • D.

      Reputation and Brand Risks

    Correct Answer
    C. Legal Risks
    Explanation
    According to the studies carried out by Accenture, legal risks are most likely to increase in the next two years. This suggests that organizations are facing a higher likelihood of facing legal challenges and compliance issues in the near future. This could be due to various factors such as changing regulations, increased scrutiny on corporate practices, and the evolving legal landscape. Organizations need to be prepared to navigate these legal risks effectively to avoid potential legal consequences and protect their reputation.

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  • 7. 

    Which of the following was a large issue during the Sydney Olympic games in 2000?

    • A.

      Boycotting due to political pressure

    • B.

      Corruption in organisation committee

    • C.

      International Terrorism

    • D.

      Doping Scandal

    Correct Answer
    B. Corruption in organisation committee
    Explanation
    During the Sydney Olympic games in 2000, one of the major issues was corruption in the organization committee. This means that there were instances of dishonest or fraudulent behavior within the committee responsible for organizing the event. This could have included bribery, embezzlement, or other forms of corruption that undermined the integrity and fairness of the games.

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  • 8. 

    By February 2011 what percentage complete were the buildings for the Olympics? 

    • A.

      82%

    • B.

      56%

    • C.

      43%

    • D.

      90%

    Correct Answer
    A. 82%
    Explanation
    The correct answer is 82%. This means that by February 2011, the buildings for the Olympics were 82% complete.

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  • 9. 

    How much was the estimated revenue from the games to the British Economy?

    • A.

      £10 Million

    • B.

      £10 Billion

    • C.

      £9.6 Million

    • D.

      £2 Billion

    Correct Answer
    B. £10 Billion
    Explanation
    The estimated revenue from the games to the British Economy was £10 Billion.

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  • 10. 

    The Women's Football team of which country had the wrong flag hung before their group match? 

    • A.

      Senegal

    • B.

      Denmark

    • C.

      Brazil

    • D.

      North Korea

    Correct Answer
    D. North Korea
    Explanation
    The Women's Football team of North Korea had the wrong flag hung before their group match.

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  • 11. 

    How much from every pound spent on the Olympics went to the legacy of the games?

    • A.

      30p

    • B.

      75p

    • C.

      55p

    • D.

      20p

    Correct Answer
    B. 75p
    Explanation
    75p from every pound spent on the Olympics went to the legacy of the games. This means that out of every pound spent, 75% was allocated towards the long-term impact and benefits of the games. This could include investments in infrastructure, facilities, and programs that continue to benefit the host city or country even after the games have ended.

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Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

  • Current Version
  • Nov 16, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Nov 18, 2013
    Quiz Created by
    Crazy_frazy
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