CIMAPRA19-P03-1 Exam Question 11

TDC is a company which runs gas-fired power stations in western Europe. The Risk Committee has just received a report that a power station built to the same design and specification in a developing country has recently collapsed. The causes of the collapse are unclear but the consequences for TDC would be catastrophic if something similar were to happen in Europe Which of the following actions being considered by the Risk Committee are ethical?
Select ALL that apply
  • CIMAPRA19-P03-1 Exam Question 12

    James owns a small company which sometimes suffers from credit risk.
    Which of the following measures should he put in place to help reduce this risk?
  • CIMAPRA19-P03-1 Exam Question 13

    A hospital is part of a government provided health service which is free to patients. The management of the hospital is concerned with the need to minimise the risks to which the hospital is exposed from patient litigation.
    In this context, which TWO of the following are appropriate steps to manage this risk?
  • CIMAPRA19-P03-1 Exam Question 14

    Q is a company which generates electricity from alternative energy sources. It has just begun constructing a wind farm near a well-known beauty spot. The project has been controversial as campaigners say it will be noisy and unsightly.
    The campaigners took legal action but lost the case. Some of them have started a campaign of direct action against Q and are physically blocking roads leading to the site and attempting to intimidate Q's staff.
    Q has hired a security company to help it to protect its staff.
    In relation to the ethics of this scenario, which of the following statements are valid?
  • CIMAPRA19-P03-1 Exam Question 15

    Which of the following statements are true of economic risk?