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RMI 2302 Chapter 2 with Complete Solutions
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RMI 2302 Chapter 2 with Complete Solutions
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RMI 2302 Chapter 2 with CompleteSolutions
" Risk management is fundamentally a question of values . In a democratic society .
there is no acceptable way to make these choices without involving the citizens who will
be affected by them . " What does this statement mean ?
A. Society concerns regarding risk matter more than personal concerns regarding risk in
a democratic society . B. Media bias have a large impact on citizens in democratic
nations .
C. Everyone possibly affected by a risk should have a say in the reduction or response
to a risk .
D. Individuals personalize risks that will impact them directly whereas governments care
only about large - scale risks . - ANSWER-Everyone possibly affected by a risk should
have a say in the reduction or response to a risk .
According to 2020 statistics , which of the following is more likely to lead to death than
being an airline passenger :
I. motorcycle riding
II . alcohol poisoning
III . dog bite
A. III only
B. II only
C. I and III
D. I and III
E. I only
F. I, II, & III
G. I and II - ANSWER-I, II, and III
According to chapter 2 of the textbook , which of the following are examples of issues
that may arise that models may predict .
A. White swans
B. Black swans
C. Purple horseshoes
D. Blue ducks - ANSWER-Black swans
According to the textbook , which of the following is NOT one of the four steps of
managing innovation risk ?
A. Pay attention to your environment
B. Determine which risks are being faced
C. create and use a model
D. recognize that the model has limitations - ANSWER-Determine which risks are being
faced
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