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:

Speculative Risk is managing uncertainty, Pure Risk is managing the known situation

They are both Risks that can be foreseen and managed.

Pure Risk is about identifiable physical hazards, Speculative Risk is more qualitative.

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:

RFID is better technology, Barcodes have been around for 50 years,

They both collect data, but RFID requires less handling

Nothing, they are both used to speed up data collection

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:

musculoskeletal injury

fractures

psychological injury

traumatic injury

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