Question: Question 3 (2 points) We talk about 2 types of Risk in Risk Management, Pure Risk and Speculative Risk, they are both risky but which
Question 3 (2 points)
We talk about 2 types of Risk in Risk Management, Pure Risk and Speculative Risk, they are both risky but which of the following best describes the two types.
Question 3 options:
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| Speculative Risk is managing uncertainty, Pure Risk is managing the known situation |
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| They are both Risks that can be foreseen and managed. |
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| Pure Risk is about identifiable physical hazards, Speculative Risk is more qualitative. |
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| There is very little difference, they are both covered in Risk Management. |
Question 4 (2 points)
From a data management perspective in supply-chain management what is the difference between a Barcode and an RFID tag?
Question 4 options:
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| RFID is better technology, Barcodes have been around for 50 years, |
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| They both collect data, but RFID requires less handling |
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| Nothing, they are both used to speed up data collection |
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| Barcodes virtually cost nothing, where as an RFID tag has some costs |
Question 5 (2 points)
In the article "Work-related injury and disease in Australian road transport workers; A retrospective population based cohort study" Which is the most common heath claim for train drivers?
Question 5 options:
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| musculoskeletal injury |
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| fractures |
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| psychological injury |
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| traumatic injury |
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