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HRCI Exam PHR Topic 2 Question 92 Discussion

Actual exam question for HRCI's PHR exam
Question #: 92
Topic #: 2
[All PHR Questions]

An organization would like to bid on a project, but they don't have enough employees available to complete the work. The organization approaches a competitor with the opportunity to partner on the project to win the work. What type of risk response is used in this instance?

Show Suggested Answer Hide Answer
Suggested Answer: C

The Railway Labor Act was a critical win for the management, in that it helped keep trains, and later airlines, from striking - to disrupt travel of citizens. The act was created to keep the trains moving - with a few exceptions, such as safety.

Answer option A is incorrect. The Clayton Act clarified language in the Sherman Antitrust Act, and deemed labor unions and agricultural unions exempt from the Sherman Antitrust Act.

Answer option D is incorrect. The National Industrial Recovery Act guaranteed laborers the right to organize and bargain collectively.

Answer option B is incorrect. The National Labor Relations Act, also known as the Wagner Act, guaranteed the right to self-organization, to form, join, or assist labor organization, to bargain collectively through representatives of their own choice.


Contribute your Thoughts:

Jean
12 days ago
Sharing the risk with a competitor? I hope they have a good relationship, or this could get messy real quick.
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Marcos
13 days ago
Enhancing the risk by bringing in a competitor? That's a bold strategy, Cotton. Let's see if it pays off for them.
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Tamesha
1 months ago
Mitigation, huh? Seems like a pretty straightforward answer to me. But what do I know, I'm just a humble exam taker.
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Paulina
3 days ago
B) Mitigation
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Argelia
16 days ago
A) Sharing
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Phillip
1 months ago
Transferring the risk to a competitor? Interesting approach. I bet the legal team will have a field day with that one.
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Kenny
8 days ago
D) Transference
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Tayna
15 days ago
C) Enhancing
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Gertude
19 days ago
B) Mitigation
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Marquetta
27 days ago
A) Sharing
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Maryann
1 months ago
Sharing the project with a competitor? I wonder if they'll split the profits 50/50 or if one of them will end up with the short end of the stick.
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Truman
2 months ago
I'm not sure, but I think it could also be A) Sharing. The organization is sharing the resources and responsibilities with the competitor to mitigate the risk.
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Elke
2 months ago
I agree with Shenika. By partnering with a competitor, the organization is transferring the risk of not having enough employees to complete the work.
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Ellsworth
2 months ago
Hmm, partnering with a competitor? That's a bold move, but I guess it's better than trying to do it all themselves. Let's see what the experts say.
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Paola
22 days ago
B) Mitigation
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Alita
23 days ago
A) Sharing
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Shenika
2 months ago
I think the answer is D) Transference.
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