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Barclays MDM Course

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Scenario: A company faces fines for not adhering to environmental regulations. The risk

manager wants to categorize this risk for reporting purposes.

Which risk category does this incident fall under?

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Scenario: A financial institution creates hypothetical situations like economic downturns,

regulatory changes, and technological disruptions to understand their potential impacts on

operations.

Which risk identification technique is most appropriate for this approach? 

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Scenario: During a project kickoff meeting, the team openly discusses potential risks

such as delays in material delivery, technical challenges, and resource constraints.

Which risk identification technique is being applied?

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Scenario: A manufacturing firm consults with its suppliers to identify risks related to

supply chain disruptions and material shortages.

Which risk identification technique is illustrated here?

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Scenario: A multinational company is planning to expand into a new country. During the

risk identification phase, the team is concerned about possible changes in government

policies, civil unrest, and new tariffs that could affect profitability.

Which type of risk is most relevant in this scenario?   

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Which risk category would best describe the risk of a company being sued for

breach of contract?    

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Which of the following statements about preventive and detective risk identification

techniques is most accurate?

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A company wants to anticipate the impact of various hypothetical situations, such

as economic downturns or regulatory changes. Which risk identification technique

should they use?

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2. Which risk identification technique is most appropriate for uncovering risks by

analyzing past incidents and trends?

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1. Which of the following best describes the primary objective of risk identification in

the ERM process?

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