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Risk management (KGNB_NETA002)
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Which example demonstrates risk retention?
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Risk reduction only affects impact, never likelihood.
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A captive insurer can be a form of risk retention for large organisations.
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What does Human Reliability Analysis help to identify?
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Human Reliability Analysis can employ both qualitative and quantitative methods.
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Cognitive biases can increase the likelihood of making incorrect decisions.
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Inadequate knowledge transfer can lead to recurring errors and reduced efficiency.
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Which of the following is not a cognitive bias?
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The “Just do it” attitude is an example of hasty, poorly considered decision-making.
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Which type of risk belongs to employment law and regulatory risks?
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