Murray Trucking is interested in evaluating which risk facto…

Murray Trucking is interested in evaluating which risk factors are most likely to lead to the most costly accidents for its truck drivers. The company wants to collect data on driving risk factors such as speed, distance traveled, and rapid acceleration / braking. Which one of the following risk identification methods would be useful for collecting the data that the Risk Manager is seeking? 

You are the risk consultant hired by a firm to facilitate a…

You are the risk consultant hired by a firm to facilitate a workshop. You are questioning the leaders of each company department, key employees in those departments, and external stakeholders (such as key suppliers, key customers) to understand the most pressing issues the company faces from each of their unique perspectives.  What step of the Risk Management process are you engaging in? 

During the past year, International Toys has undertaken four…

During the past year, International Toys has undertaken four capital projects: Renovated and refurbished one of its aging warehouse buildings; which was sitting vacant until the basic repairs were completed where it could be used again Purchased the most recent version of its current order processing computer software. The version the firm was using was 5 years old, and the vendor no longer offered product support for it Purchased new machinery that will allow the firm to launch a new line of toy products based on consumer demand Installed a security system, to monitor the premises after hours for potential property damage (fire, water damage, vandalism and theft)  Which one of the following company projects presents speculative risk?