Which of the following will you put into box 3?
The correct answers are as follows:
The consequences of this risk are huge, therefore the risk should be terminated. This means the cause of the risk is taken away (i.e. the animal testing).
A black swan event is what type of occurrence?
A black swan event is an unusual occurrence - something that is rare. See p.124
Which of the following will you put into box 5?
The correct answers are as follows:
CSR= Corporate Social Responsibility
Which of the following will you put into box 1?
The correct answers are as follows:
Nothing can be done to change this risk (you can't stop an earthquake from happening), so you therefore need to transfer the risk to another party, or include for this within a contract.
Which of the following will you put into box 5?
The correct answers are as follows:
CSR= Corporate Social Responsibility
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