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

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