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CIPS L5M2 Exam - Topic 1 Question 27 Discussion

Posted by Junita on Mar 05, 2024 at 08:14 AM

Which of the following risks would likely be tolerated by a company?

Suggested Answer: B

The correct answers are as follows:

Cashflow issues can lead to serious financial problems and the company going bust. Therefore this risk must be treated.


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35 comments · newest first
CH
Cheryl 11 months ago
High risk, low impact? Seems like a waste of resources!
OD
Odelia 11 months ago
Low risk, low impact is a safe bet.
HO
Hobert 12 months ago
Wait, why would anyone tolerate high risk?
DI
Dick 12 months ago
Definitely agree with that!
PA
Pamella 1 year ago
I think companies usually tolerate low risk and high impact.
JO
Johana 1 year ago
I think the answer could be D, but I’m not confident since high risk usually makes me think companies would avoid it.
EL
Elinore 1 year ago
I feel like we practiced a question similar to this, and it was about balancing risk and reward.
DO
Dorthy 1 year ago
I’m not entirely sure, but I think low risk and high impact opportunities might be more appealing to companies.
AM
Amie 1 year ago
I remember we discussed that companies often tolerate some level of risk, especially if the potential impact is low.
CY
Cyril 1 year ago
For this type of question, I'd focus on the key criteria - risk level and impact. Based on that, I think C is the best answer. Companies are generally willing to take on low-risk, high-impact opportunities as part of their growth strategy. The other options don't seem to fit that profile as well.
CA
Carman 1 year ago
Hmm, I'm not totally sure about this one. I was thinking maybe B - low risk and low impact opportunities. That seems like the safest option for a company. But C could also make sense if the high impact outweighs the low risk. I'll have to think this through a bit more.
TE
Terry 1 year ago
This question seems pretty straightforward. I think the answer is C - opportunities that are low risk and high impact. Companies are usually willing to take on some risk if the potential upside is significant.
EL
Eloisa 1 year ago
I'm a little confused by this question. Isn't the whole point of risk management to avoid any risks that the company can't tolerate? I'm not sure there's really a "right" answer here. Maybe I'm missing something.
RO
Rory 1 year ago
This looks like a straightforward data backup question. I'll go with Incremental since that's a common backup method.
NA
Nakisha 1 year ago
I've got an idea - why don't we try to tackle the new enhancements first, since those seem to be the priority for the business stakeholders? Then we can focus on completing the existing user stories in the final sprint. That way, we can keep the stakeholders happy while also addressing the backlog.
TA
Tamesha 1 year ago
Hmm, I'm a bit unsure about this one. I know there are rules around unsubscribe links, but I can't quite remember the specifics for different email types. I'll have to think it through step-by-step.
HA
Haley 1 year ago
I think the key here is to find a way to generate backups without interrupting ongoing processes. The options mention things like NAS, replicated data, cloud storage, and storage virtualization - I'll need to think through how each of those could work to avoid disruption.
DO
Dong 1 year ago
Hmm, let's see - low risk, high impact. Sounds like a winning combination to me. Where can I sign up?
FL
Florencia 1 year ago
D) opportunities which are high risk and low impact? That's like playing the lottery with pennies. Not my idea of a good time.
CH
Chau 1 year ago
↳ replying to Florencia
C) opportunities which are low risk and high impact
CA
Carisa 1 year ago
↳ replying to Florencia
B) opportunities which are low risk and low impact
EU
Eugene 1 year ago
↳ replying to Florencia
A) no risks should be tolerated
JU
Junita 2 years ago
B) opportunities which are low risk and low impact? Yawn. Where's the excitement in that?
LA
Lavonna 2 years ago
A) no risks should be tolerated? Seriously? I thought this was a business, not a monastery.
HA
Hannah 1 year ago
↳ replying to Lavonna
D) opportunities which are high risk and low impact
AN
Andra 1 year ago
↳ replying to Lavonna
C) opportunities which are low risk and high impact
VA
Vallie 1 year ago
↳ replying to Lavonna
B) opportunities which are low risk and low impact
YO
Yoko 2 years ago
C) opportunities which are low risk and high impact seems like the obvious choice here. Who doesn't love high-impact opportunities with low risk?
PR
Princess 1 year ago
↳ replying to Yoko
It's a smart business move to go for low risk, high impact opportunities.
FA
Fannie 1 year ago
↳ replying to Yoko
I think it's important for companies to take advantage of those opportunities.
NE
Nettie 1 year ago
↳ replying to Yoko
Definitely, it's the best of both worlds.
MI
Mi 1 year ago
↳ replying to Yoko
I agree, low risk and high impact opportunities are the way to go.
BO
Bobbye 2 years ago
I believe no risks should be tolerated to ensure the company's stability.
BE
Ben 2 years ago
I agree with Jenelle. High risk and low impact opportunities should not be tolerated.
JE
Jenelle 2 years ago
I think the company should only tolerate opportunities which are low risk and high impact.
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