Get premium membership and access revision papers, questions with answers as well as video lessons.

Bms 202:Risk Management Question Paper

Bms 202:Risk Management

Course:Bachelor Of Commerce

Institution: Kenyatta University question papers

Exam Year:2016

INSTRUCTIONS

Answer question ONE which is compulsory and any other TWO questions.

Question One (compulsory 30 marks)

a)Explain five benefits accrued to an institution that practices risk management.(10 marks)

b)You have been appointed as risk manager in ABC Corporation a Government Agency that provides essential services to the public.Explain five key functions that you would be required to undertake. (10 marks)

c) i)Differentiate between risk appetite and risk attitude as used in risk management. (4 marks)

ii)Explain the factors that influences risk appetite in an organisation.(6 marks)

Question Two(20 marks)

a)With diagram,illustrate the risk management process as outlined by ISO 31000:2009. (10 Marks)

b)Apex is new manufacturing industry which intends to start operation soon.As a risk management consultant,explain five external factors that would provide information for risk identification assignment. (10 marks)

Question Three (20 marks)

a)Describe five risk identification techniques. (10 marks)

b)Differentiate between quantitative and qualitative risk analysis methodologies clearly indicating advantages and disadvantages of each. (10 marks)

Question Four(20 marks)

a)Effective internal control systems are important to organisation that intends to minimize risk and improve the value of the organisation.Describe five characteristics of good internal control systems. (10 marks)

b)Polly Enterprises Company adopted self-insurance for its risk financing.Explain five reasons that may have led to this decision. (10 marks)

Bms 202:Risk Management Question Paper

More Question Papers

Popular Exams