Question

The terpsichorean was familiar with the risks associated with various moves,the accountant knew financial risks forwards and backwards,while the civil engineer could quantify the risks associated with distributed loads on the temporary stage.Their input was used as part of:

A) A brainstorming meeting approach to risk factor identification.
B) The Delphi method approach to risk factor identification.
C) A past history approach to risk factor identification.
D) A multiple assessments approach to risk factor identification.

Answer 1

Option D. A multiple assessments approach to risk factor identification.

Step-by-step explanation:

The reason is that in multiple assessment approach the firm considers all the relevant information coming from different operations of the organization which helps in developing the understanding of the issues and relevant actions necessary to tackle the issues. In the current scenario, the company gathers information about the risks the firm is facing from different parts of the organization which is the reason every department assesses the risk issue from their perspective. Furthermore, this departmental assessment later helps the upper management in designing the strategy which would benefit the organization.

Answer 2

The correct answer is D) A multiple assessments approach to risk factor identification.

Step-by-step explanation:

This approach considers contributions from other sciences or different areas in order to determine the risks associated with normal operation. For all the tasks, it is necessary to know which areas are involved in order to generate contributions that allow firstly to know the process in a broad way and to be able to first apply the necessary corrections to try to standardize and offer an optimal development of the collaborator.