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SHRM-SCP Workplace Questions - Part 13
1. Manage Risk An HR department is evaluating an online training tool to use with new hires for its effectiveness. The HR director believes that the tool should be used by other functions as well for job-specific training. The director invites those functions to attend a demonstration and possibly participate in funding the purchase of the tool. Which type of risk management strategy is the director using?
A) Share
B) Transfer
C) Optimize
D) Enhance
2. Which potential outcome is the best example of a downside risk?
A) Data showing employee skill gaps relative to organizational strategy
B) Over-enrollment in an online course on cultural diversity
C) Increased error rate during an accelerated work schedule
D) High retention rate after two years of employment
3. A company has a contest in which the work unit with the lowest accident rate each month is awarded a pizza lunch and two hours off with pay. What is a possible effect of this program?
A) Improved employee understanding of safety requirements
B) Under-reporting of workplace injuries
C) Improved teamwork and collaboration among work units
D) Increase in reported accidents
4. Which upside risk management tactic is implemented to eliminate uncertainty?
A) Redefine
B) Optimize
C) Enhance
D) Mitigate
5. Organizations have contingency plans for which primary purpose?
A) To help the organization rebuild and recover
B) Because government entities require certain contingency plans
C) Because auditors ask to review the plans annually
D) Because this is a requirement under the duty of care
A) Share
B) Transfer
C) Optimize
D) Enhance
2. Which potential outcome is the best example of a downside risk?
A) Data showing employee skill gaps relative to organizational strategy
B) Over-enrollment in an online course on cultural diversity
C) Increased error rate during an accelerated work schedule
D) High retention rate after two years of employment
3. A company has a contest in which the work unit with the lowest accident rate each month is awarded a pizza lunch and two hours off with pay. What is a possible effect of this program?
A) Improved employee understanding of safety requirements
B) Under-reporting of workplace injuries
C) Improved teamwork and collaboration among work units
D) Increase in reported accidents
4. Which upside risk management tactic is implemented to eliminate uncertainty?
A) Redefine
B) Optimize
C) Enhance
D) Mitigate
5. Organizations have contingency plans for which primary purpose?
A) To help the organization rebuild and recover
B) Because government entities require certain contingency plans
C) Because auditors ask to review the plans annually
D) Because this is a requirement under the duty of care
1. Right Answer: A
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2. Right Answer: C
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3. Right Answer: B
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4. Right Answer: B
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5. Right Answer: A
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2. Right Answer: C
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3. Right Answer: B
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4. Right Answer: B
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5. Right Answer: A
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