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Northwestern State University of Louisiana Risk Management Question

  • When referring to risk, what is the difference a strategy and a control?
  • Explain the difference between a tolerable and an intolerable risk.
  • How do you determine it appropriate to terminate a risk?
  • What is meant by the phrase “thinning risks”?What are the advantages and disadvantages of this practice?
  • What are the benefits of recording information about risks?What information should you record about a risk and the management of the risk?
  • Describe tools to create visible representations of risks.
  • Describe the differences between a heat map and a risk radar.Explain which tool would be used in a situation you define, and why one tool was selected over the other.
  • Explain the benefits of an audit, and who is the beneficiary.
  • Explain the differences between logistics and operations.
  • What is a compound risk? What can be done to reduce compound risks?
  • Explain the purpose of a continuity operation plan.Why is this important?
  • You are the manager of a franchise of a restaurant chain known for its fried chicken.Using information on page 230, previous chapters of the textbook, and additional outside resources, identify the operational and logistical risks for your establishment.Provide descriptions of the types of operational and logistical risks you are reasonably likely to encounter in the operation of your eatery.
  • Explain the concept of access controls and ways in which access controls are bypassed.
  • Explain the differences and give an example between a barrier and a passive barrier.
  • Explain the differences and give an example between surveillance and counter-surveillance.
  • Describe two site locations for two events you have attended. Describe the locations and events. Using the list and criteria from page 241, describe one location which you define as a superior site and explain reasons for your evaluation.Describe a second site which you feel inferior, explaining your reasons for your assessment.

Using the book A Practical Introduction to Security and Risk Management by Bruce O. Newsome


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