Question1. Explain how Risk Management protects and adds value to the organization and its stakeholders through supporting the organization’s objectives?
Question2. Illustrate with the use of a diagram the risk management process and explain the different steps involved in the said process.
Question3. Every business faces risks that could present threats to its success. Risk usually comes in all size and shape and professionals usually recognize four main types of risk. Explain using examples, the four main categories of risks which companies have to face when operating their business activities.
Question4. What are the advantages and disadvantages of assessing/monitoring supplier performance?
Question5. Describe any three of the following terms:
1) Currency option
2) Forward Contract
3) Hedging
4) Order Expediting