Rmi 2302 final exam 1 - Study guides, Class notes & Summaries

RMI 2302 FSU NYCE Final EXAM 1 Correct Question and Answers What are the eight categories of risk? Static Dynamic Core Secondary Fundamental Particular Speculative Pure What are the 4 sources of risk? Personal Property Liability Financial What are the 2 types of Hazards? Physical (tangible) and Intangible Hazards What are the three types of intangible hazards? Moral Morale Societal What are the three attitudes towards risk? Risk Averse Risk Seeker Risk Neutral What typ...

RMI 2302 Final Exam Nyce UPDATED Actual Exam Questions and CORRECT Answers The number of years between same-sized natural disaster events is also known as - CORRECT ANSWER- Return Period Frequency and magnitude of natural disasters typically have a _____ ? - CORRECT ANSWER- Inverse relationship Risks of "high concern" in the Global Risk Report 2014 - CORRECT ANSWER- 1. Food crisis 2. Water crisis 3. Political instability

RMI 2302 Final Exam Nyce Questions and Answers Already Passed The number of years between same-sized natural disaster events is also known as Return Period Frequency and magnitude of natural disasters typically have a _____ ? Inverse relationship Risks of "high concern" in the Global Risk Report 2014 1. Food crisis 2. Water crisis 3. Political instability Today, most developed countries have gone from _____ death rates and _____ birth rates to _____ death rates and _____ birth...

RMI 2302 Final Exam 1 Nice Correct Question and Answers Risk Uncertainty regarding loss. There are different magnitudes of risk based on the decision maker: individual, organization, and society. Danger does not equal risk. Information does not alter risk. Uncertainty When you do not know the outcome, there is uncertainty. Multiple outcomes can also lead to uncertainty. Uncertainty is doubt about our ability to predict future outcomes. Because uncertainty is subjective, it can differ ...

RMI 2302 Nyce Module 1 Exam Questions With Verified Answers What is Risk? - answerUncertainty Regarding Loss Danger does not equal what? - answerRisk Uncertainty - answerdoubt about our ability to predict future outcomes Sources of risk - answerPersonal Risks Property Risks Liability Risks Financial Risks Exposure - answerperson or property facing risk of loss Peril - answerthe immediate cause of loss Hazard - answercondition affecting the frequency or severity of loss Physical hazar...

RMI 2302 Nyce Module 1 Exam Questions With Verified Answers What is Risk? - answerUncertainty Regarding Loss Danger does not equal what? - answerRisk Uncertainty - answerdoubt about our ability to predict future outcomes Sources of risk - answerPersonal Risks Property Risks Liability Risks Financial Risks Exposure - answerperson or property facing risk of loss Peril - answerthe immediate cause of loss Hazard - answercondition affecting the frequency or severity of loss Physical hazar...

RMI 2302 FINAL EXAM PREP QUESTIONS WITH ANSWERS COMPLETE 2023. The pre-transition phase of the demographic transition was characterized by - answerPopulation maintenance What term best describes the ability of the environment to support a population? - answerCarrying capacity Results of an aging population - answer1. US will become more influential 2. Population of developed nations will decrease as a percentage of global totals 3. GDP of developed nations will decrease as a percentage of ...

RMI 2302 Nyce Module 1 Exam Questions With Verified Answers What is Risk? - answerUncertainty Regarding Loss Danger does not equal what? - answerRisk Uncertainty - answerdoubt about our ability to predict future outcomes Sources of risk - answerPersonal Risks Property Risks Liability Risks Financial Risks Exposure - answerperson or property facing risk of loss Peril - answerthe immediate cause of loss Hazard - answercondition affecting the frequency or severity of loss Physical hazar...

RMI 2302 FINAL EXAM - QUESTIONS WITH ANSWERS 2023. The transitional phase of the demographic transition was characterized by - answerPopulation explosion We now have a ______ infant mortality rate than in historic years. - answerLower Population explosion varies with _____ and _____. - answerEconomic development, urbanization What varies with economic development? - answerBirth rates and death rates Major categories of challenges of the aging population - answer1. Economic development issue...

RMI 2302 FINAL EXAM TEST QUESTIONS WITH ANSWERS LATEST 2023. What varies with economic development? - answerBirth rates and death rates Major categories of challenges of the aging population - answer1. Economic development issues 2. Health and well-being issues 3. Challenge of enabling and supportive environments Natural ________ are inevitable, but natural _______ are not. - answerHazards, Disasters By 2020, people 65 and over outnumber those _____ and under. - answer5 yrs old The pre-tr...