HRCI PHR Exam - Topic 4 Question 83 Discussion

Actual exam question for HRCI's PHR exam

Question #: 83
Topic #: 4

[All PHR Questions]

As an HR Professional you must address risk in the work place. There are two general categories of risk: pure risk and business risk. Which one of the following is an example of pure risk?

ALoss of investment

BLoss of life or limb

CSafety training for workers in construction

DFines and penalties for breaking regulations

Show Suggested Answer

Suggested Answer: B

SWOT is an analysis that can be used to determine the strengths, weaknesses, opportunities, and threats. SWOT Analysis is a strategic planning method used to evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a project or in a business venture. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable to achieving that objective. A SWOT analysis may be incorporated into the strategic planning model.

Answer option C is incorrect. This is not a valid definition of SWOT so this choice is incorrect.

Answer option A is incorrect. This is not a valid definition of SWOT so this choice is incorrect.

Answer option D is incorrect. This is not a valid definition of SWOT so this choice is incorrect.

by Glory at Mar 19, 2024, 09:51 AM

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Noelia

4 months ago

Yeah, B is pure risk for sure.

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Lynette

5 months ago

Loss of investment sounds like a business risk to me.

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Domonique

5 months ago

Wait, are we sure about that? Seems too obvious.

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Hailey

5 months ago

I agree, B is the right choice!

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Lorean

5 months ago

Pure risk is definitely loss of life or limb.

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Veronica

6 months ago

I practiced a similar question before, and I think pure risk is linked to safety issues. So, I would go with loss of life or limb as well.

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Iesha

6 months ago

I’m not entirely sure, but I feel like loss of investment is more related to business risk. I might need to review the definitions again.

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Ryan

6 months ago

I remember studying that pure risk involves situations where there's no chance of gain, just loss. That makes me think option B is correct.

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Moon

6 months ago

I think pure risk is more about unavoidable events, like accidents. So, I’m leaning towards loss of life or limb.

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Moon

6 months ago

Okay, let me think this through step-by-step. Pure risk is the risk of accidental loss, while business risk is the risk of financial loss. So the answer has to be something that's an accidental loss, not a financial one. I think B is the right choice here.

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Gladys

6 months ago

Hmm, I'm a little unsure about this one. I know pure risk is the risk of accidental loss, but I'm not totally sure how to distinguish it from business risk. I'll have to think this through carefully.

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Myra

6 months ago

This one seems pretty straightforward. I'm pretty confident that the answer is B - loss of life or limb. That's a classic example of pure risk.

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Jose

6 months ago

I'm pretty confident that the answer is B. Loss of life or limb is a classic example of pure risk, which is the risk of accidental loss. The other options don't really fit that definition.

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Golda

6 months ago

I'm a bit confused by this question. I know libraries can be helpful, but I'm not sure if any of these options fully capture the benefits. I might need to review my notes on this topic.

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Alease

6 months ago

This seems like a pretty straightforward question. I'll review the options carefully and select the one that best matches the description in the question.

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Emelda

6 months ago

This is a tricky one. There are a lot of moving parts to consider, like the database, legacy system, and multiple service consumers. I'll need to carefully think through the pros and cons of each pattern before deciding on the best approach.

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Dortha

11 months ago

B) Loss of life or limb? Yikes, that's a real buzzkill, isn't it? At least it's a clear-cut answer, unlike the rest of these options.

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Chu

11 months ago

C) Safety training? That's just good business sense. Pure risk is like getting hit by a meteor or something. No one can plan for that!

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Jarvis

9 months ago

D) Fines and penalties for breaking regulations

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Jacki

10 months ago

C) Safety training for workers in construction

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Golda

10 months ago

B) Loss of investment

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Blythe

10 months ago

A) Loss of life or limb

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Leatha

11 months ago

D) Fines and penalties are a result of business decisions, not pure chance. Nice try, HR Prof, but I'm not falling for that one!

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Ashton

10 months ago

C) Safety training for workers in construction

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Anastacia

11 months ago

B) Loss of life or limb

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Adolph

11 months ago

A) Loss of life or limb

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Annamae

12 months ago

A) Loss of investment is not pure risk. That's just business risk. You can't really control that kind of thing.

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Stephaine

11 months ago

C) Safety training for workers in construction is important to prevent accidents, but it falls under business risk since it can be managed and controlled.

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Gracie

11 months ago

B) Loss of life or limb is an example of pure risk. It's something that can't be controlled or prevented.

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Xochitl

12 months ago

B) Loss of life or limb is the textbook example of pure risk. Anything that can cause physical harm or damage is pure risk.

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Vesta

1 year ago

I'm not sure, but I think A) Loss of investment is also a type of pure risk because it involves the possibility of financial loss without any potential for gain.

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Cordell

1 year ago

I agree with Lynette, because pure risk involves situations where there is only a possibility of loss, like loss of life or limb.

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Lynette

1 year ago

I think the answer is B) Loss of life or limb.

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