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HRCI Exam PHR 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?

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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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Dortha
18 days 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
22 days 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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Leatha
26 days 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
2 days ago
C) Safety training for workers in construction
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Anastacia
8 days ago
B) Loss of life or limb
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Adolph
16 days ago
A) Loss of life or limb
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Annamae
2 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
9 days 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
12 days 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
2 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
2 months 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
2 months 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
2 months ago
I think the answer is B) Loss of life or limb.
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