MSCM 8620 – When should risk management programs be evaluated
MSCM 8620 – When should risk management programs be evaluated
Subject: Business / Management
Question
When should risk management programs be evaluated?
A
When employee surveys indicate the need
B
When a risk event does not pan out
C
At the end of each fiscal year
D
After major incidents and at regular intervals
What will be the outcome of requiring all employees to be trained in business continuity and disaster recovery plans?
A
Increased confidence among organization stakeholders
B
Increased risk of poor public relations
C
Decreased risk of occurrence of risk events
D
Decreased size of risk management budgets
What is the ‘big bang’ approach to systems integration?
A
Integrating components as they are developed, and test in increments
B
Integrating components as they are developed, and test at the end
C
Integrating components once everything is ready, and test in increments
D
Integrating components once everything is ready, and test all at once
A primary benefit of localization is that it?
A. Results in greater standardization of business processes
B
Ensures that the same products are sold worldwide
C
Creates strong customer ties and responsiveness
D
Provides senior managers with a consistent perspective
What would be the best way for a new global HR vice president to understand the perspective of the communities in which the organization operates?
A
Require local HR managers to develop contacts and programs with local groups and report results and observations
B
Include questions about community interests in annual employee surveys
C
Interview repatriated assignees about their experiences
D
Follow local media reports
