16380444
Description
Quiz by Prof. Ruppert, updated more than 1 year ago
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Created by Prof. Ruppert
over 5 years ago
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Question 1
Question
The following assumptions must be met when talking about risk:
Answer
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related to a possible danger
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undesired event
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events that happened in the past
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probability greater than zero
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loss is possible
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events that certainly are going to occur
Question 2
Question
Evaluating risks, sometimes rough estimations have to be made.
Answer
- True
- False
Question 3
Question
Evaluating risks, you don't have to out anything. Completeness is crucial.
Answer
- True
- False
Question 4
Question
Events need only be considered if they affect the target.
Answer
- True
- False
Question 5
Question
The overall risk is defined by the sum of several single risks.
Answer
- True
- False
Question 6
Question
In order to distinguish between risk (known) and uncertainty (unknown), we refer to the following perspectives:
Answer
-
available options (possibilities)
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probabilities (likelihoods)
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luck or bad luck
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consequences
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the past or the future
Question 7
Question
Risks based on corporate action (entrepreneurship) are [blank_start]speculative[blank_end] risks.
Answer
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speculative
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calculable
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no
Question 8
Question
Risks that can be prevented are [blank_start]calculable[blank_end] risks.
Answer
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speculative
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calculable
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no
Question 9
Question
We - or our organization - [blank_start]endure[blank_end] a certain amount of risks. That's called "Risk [blank_start]tolerance[blank_end]".
Answer
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prevent
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endure
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tolerance
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appetite
Question 10
Question
Certain risks we take deliberately, [blank_start]because[blank_end] we hope for evolving advantages. That is called "[blank_start]Risk tolerance[blank_end]".
Answer
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because
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until
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except
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Risk tolerance
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Risk appetite
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