Question: q1) Risk is unavoidable and every organization needs to take action to manage it in a way that it can justify to a level that
q1) Risk is unavoidable and every organization needs to take action to manage it in a way that it can justify to a level that is acceptable.
The appropriate range of responses will depend on the nature, size and complexity of the organization and the risks it faces.
Discuss the importance of Risk Management.
q2 ) One of the various methods of risk identification is Brainstorming
a) Define Brainstorming
b) List and explain THREE (3) advantages and THREE (3) disadvantages of
brainstorming.
c) List and explain FIVE (5) tips of conducting a brainstorming session
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