GAQM Exam ISO-IEC-LI Topic 1 Question 83 Discussion

Actual exam question for GAQM's ISO-IEC-LI exam

Question #: 83
Topic #: 1

You are the owner of the courier company SpeeDelivery. You have carried out a risk analysis and now want to determine your risk strategy. You decide to take measures for the large risks but not for the small risks. What is this risk strategy called?

ARisk bearing

BRisk avoiding

CRisk neutral

DRisk passing

Show Suggested Answer

Suggested Answer: C

by Meghann at Sep 18, 2024, 05:01 AM

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Daniel

9 months ago

Seriously, who comes up with these exam questions? I'm going to go with A) Risk bearing. Seems like the most reasonable option.

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Margery

8 months ago

I'm going with A) Risk bearing as well. It's better to address the big risks first.

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Alana

9 months ago

I disagree, I think it's C) Risk neutral. We shouldn't ignore any risks, big or small.

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Wava

9 months ago

I think it's A) Risk bearing too. It makes sense to focus on the large risks.

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Cordie

9 months ago

Ha! Maybe they should call it the 'I don't wanna deal with this' strategy. Anyway, I'm picking C) Risk neutral.

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Mayra

10 months ago

I'm going to go with D) Risk passing. Isn't that where you, like, pass the risk on to someone else?

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Lemuel

9 months ago

No, it's not A. It's D) Risk passing. You're right about passing the risk on to someone else.

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Pilar

9 months ago

I think it's actually A) Risk bearing. That's when you accept and manage the risk yourself.

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Martin

9 months ago

Yes, that's correct. Risk passing means transferring the risk to another party.

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Selma

9 months ago

Oh, I see. So Risk avoiding is the strategy of not taking on the risk at all. Thanks for clarifying.

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Xenia

9 months ago

Actually, the correct answer is B) Risk avoiding. It means taking measures to avoid the risk altogether.

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Abel

9 months ago

I think I would choose A) Risk bearing. It sounds like taking on the risk yourself.

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Walker

9 months ago

Yes, that's correct. Risk passing means transferring the risk to another party.

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Shanice

10 months ago

That makes sense, but I still think it's A) Risk bearing because we are bearing the large risks.

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Carma

10 months ago

Hmm, I was a bit unsure, but I'm going with B) Risk avoiding. That seems to align with the strategy described.

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Youlanda

10 months ago

I think the correct answer is A) Risk bearing. It makes sense to take measures for the large risks but not for the small ones.

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Arlette

9 months ago

Definitely, prioritizing the large risks is key for the company's success.

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Carlee

9 months ago

I agree, it's all about managing the most critical risks.

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Evelynn

9 months ago

Yeah, that makes sense. It's important to focus on the big risks.

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Blossom

9 months ago

I think the correct answer is A) Risk bearing.

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Aleta

10 months ago

I disagree, I believe it's B) Risk avoiding because we are avoiding small risks.

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Shanice

10 months ago

I think the answer is A) Risk bearing.

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