Arm 400 exam 2023 - Study guides, Class notes & Summaries

SRP stages - correct answer --emergency stage -alternative marketing stage -contingency production stage -communication stage strategic redeployment plan - correct answer -determines how to resume operations in a way that repairs an org's reputation and ensures its recovery and survival; when BCPs fail BCP elements - correct answer --time goal -operational goal -resources needed -details tasks and procedures -documentation risk-transfer model - correct answer -purchasing BI insu...

ARM 400 Exam 2023!! Big Data Set of data that are too large to be gathered and analysed by traditional data. Strategic Redeployment Plan a comprehensive plan for resiliency after a severe disruption Business Impact Analysis (BIA) assesses identified risks and determines their overall effect on the firm's ability to meet its key objectives Risk Managers identify, evaluate and treat risks within stated risk appetites and risk tolerances. The risk management team monitors and reports on ...

Encouraging the expression of feelings as well as facts and following up with employees on the problems they report are two ways that managers and supervisors can A. Cultivate two-way communication. B. Facilitate active listening. C. Support diverse groups. D. Maintain control of the conversation. - correct answer -A. Cultivate two-way communication. Before speaking with a group or individual, the speaker should think about what he or she wants the other person(s) to do as a result of the...

what two things lie at the base of every risk management concept - correct answer -the intersection of different types of risk a method for identifying, assessing, and treating all risks traditional risk assessment techniques focus on what - correct answer -root cause analysis - which identifies a loss's predominant cause what is wrong with Root Cause Analyses - correct answer -it can only look backward and might not catch all root causes what are the 3 steps in how big data transform...

Big Data correct answersSet of data that are too large to be gathered and analysed by traditional data. Strategic Redeployment Plan correct answersa comprehensive plan for resiliency after a severe disruption Business Impact Analysis (BIA) correct answersassesses identified risks and determines their overall effect on the firm's ability to meet its key objectives Risk Managers correct answersidentify, evaluate and treat risks within stated risk appetites and risk tolerances. The risk m...

ARM 400 exam 2023 with 100% verified accurate answers

ARM 400 Exam 2023

Big Data - correct answerSet of data that are too large to be gathered and analysed by traditional data. Strategic Redeployment Plan - correct answera comprehensive plan for resiliency after a severe disruption Business Impact Analysis (BIA) - correct answerassesses identified risks and determines their overall effect on the firm's ability to meet its key objectives Risk Managers - correct answeridentify, evaluate and treat risks within stated risk appetites and risk tolerances. The ri...

ARM 400 Exam 2023/2024

Provides a measure of the maximum potential damage associated with an occurrence - correct answerexposure ________________ is an essential goal for all public entities - correct answercontinuity of operations An organization must meet the standard of care that it owes to others in order to ensure that... - correct answerlegal obligations are satisfied What are the five steps of the risk management process? - correct answer- scan environment - identify risk - analyze risk - treat risk...