1. What steps should the company launching the product take in order to mitigate product launch failure

MCQs:   Managers need to examine internal and external factors for risk management. External factors for risk may include all except,     The economic environment  Competitor’s activity  Work culture and practice  New technological changes    SWOT analysis is commonly suggested method for:  Controlling risk factors of an organization  Implementing a new process  Quality Improvement   Managing challenges and opportunities    During a change scenario manager need to,  Understand and communicate the context of change  Facilitate processes and operations  Be innovative and tolerant of risk taking  All of the above

2.  Which of the following is not a benefit of risk mapping and prioritization? a. The results help an enterprise to communicate better its risk aggregated risk profile to key external stakeholders   b. Risk maps are key graphical representations of the variance in risk appetites across different divisions within an organization   c. Ranking risks by their level of severity helps an organization determine the optimal allocation of resources devoted to risk response or treatment   d. Helping the enterprise identify how certain risks can offset other risks to ensure that the enterprise maintains an overall risk profile that remains within risk capacity

Consider the following additional information – R&D and selling expenses are substantially higher for Zderm because it is a new product. Jim has strongly supported development of the new product, including the high selling and R&D expenses. He has assured the Board of Directors that the Zderminvestment will pay off in improved profits for the firm. Discuss the ethical issues, if any, facing Jim as he reports to top management on the profitability of the firm’s two products.

Under the COSO framework, the Enterprise Risk Management provides value creation by enabling the management through the following, except  A. By avoiding to make decision on risks that are assessed to have a higher impact on its operation. B. Responding in a manner that reduces the likelihood of downside outcomes and increases the upside. C. None of the choices given D. Dealing effectively with potential future events that create uncertainty

With the use of proper examples, clearly define, and explain, the following concepts:a) The Four Circles Modelb) AISc) The economic importance of maritime traded) Mega port Initiativee) Standoff attacksf) Security Level 1, 2 and 3g) International Ship Security Certificateh) Maritime Security Threats

Theme parks are considered a staple family attraction worldwide, known best for their rides and rollercoasters that appeal to thrill-seeking children and adults alike. Its success and profitability are maintained by installing more daring rides and appealing to popular cultural figures and franchises. However, due to the nature of theme park rides, the results can be incredibly serious when something goes wrong, and the stakes for theme park managers in ensuring the safety of their facilities are very high. Over the years, failure to comply with health and safety regulations, poor management systems, and mechanical defects have led to unfortunate incidents on various rides and rollercoasters, resulting in serious consequences. In 2005, an incident on the Smiler ride at Alton Towers caused by the failure of a test carriage that collided with a carriage carrying 16 people led to serious injuries, prosecution, and a £5million fine to the operating company, Merlin Attractions Operations…

Theme parks are considered a staple family attraction worldwide, known best for their rides and rollercoasters that appeal to thrill-seeking children and adults alike. Its success and profitability are maintained by installing more daring rides and appealing to popular cultural figures and franchises. However, due to the nature of theme park rides, the results can be incredibly serious when something goes wrong, and the stakes for theme park managers in ensuring the safety of their facilities. are very high. Over the years, failure to comply with health and safety regulations, poor management systems, and mechanical defects have led to unfortunate incidents on various rides and rollercoasters, resulting in serious consequences. In 2005, an incident on the Smiler ride at Alton Towers caused by the failure of a test carriage that collided with a carriage carrying 16 people led to serious injuries, prosecution, and a £5million fine to the operating company, Merlin Attractions Operations…

Read and analyze the following case:The sales manager complains that his sales reps are not meeting monthly sales quotas. He is convinced that the reps need more sales training to handle the situation and solve the problem. Therefore, he asks you to design a strategy to address this situation. Iincludes the means that will be used and the resources that will be needed to carry out the program.How will the training be evaluated? How will your profitability (return on investment) be evaluated?

A requirement for scientific work is that what we have done can be reproducible, whichmeans that when using the same input and the same models, we should arrive at the sameresults. Will a risk assessment meet this requirement? it is a risk management question.