Exam 3: Business continuity plan (BCP) Strategy

Ted is negotiating a 10-year contract with the U.S. government to provide educational services. The government wants a fixed price project. However, Ted is extremely concerned about the possibility of inflation given the increase in government spending. Ted should suggest what time of contract?

Jerry was in the midst of assessing his risk for a project at a well-known real estate firm when the stock market collapsed, sending shockwaves throughout his company and his project. The market crashing can be classified as what type of risk:

A problem with risk management at large firms is that it is often:

According to the DRI Professional Practices, what are the 3 criteria to be used to identify alternative facility and offsite requirements?

Reducing inventory levels reduces risk.

What are some ways to manage manufacturing site risk?

Which of the following could be an example of hedging? Select all that apply: