A company is fined for causing physical damage that is in breach of environmental laws and regulations. Using the impact method of classifying risks, which of the following categories best describes this risk? a. Strategic b. Operational c. People d. Financial
Question
A company is fined for causing physical damage that is in breach of environmental laws and regulations. Using the impact method of classifying risks, which of the following categories best describes this risk?
a. Strategic
b. Operational
c. People
d. Financial
Solution
b. Operational
Similar Questions
Which of the following risks is considered bad but survivable?Medium impactHigh probabilityHigh impactMedium probability
Which of the following statements best describes conduct risk? Select one: a. Deceptive marketing practices in breach of consumer laws. b. Deliberate impact to the environment in breach of environmental protection laws. c. Behaviour that unfairly favours one group of stakeholders over another. d. All of the other options.
Risks related to natural disasters can generally be categorized asGroup of answer choicesStrategy risksPreventable risksNone of the options is suitableExternal risks
the probability of harmful consequences, or expected loss of lives, people injured, livelihoods, disruption of economic activities and damages to the environment as a result of interactions between natural or human induced hazards and vulnerable/capable conditions (1 Point)CapacitiesDisasterDisaster damageDisaster impactEmergencyHazardRiskVulnerability
Which of the following refers to the degree of damage that a particular risk has in the overall project?ContingencyProbabilityCostImpact
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.