Deck 18: Manage Risk

Question 1

A drug overdose is common at some festivals. From the point of view of the event organiser, which of the following statements is correct?

A) This is the responsibility of the police
B) This is the responsibility of the first aid staff or paramedics
C) This is the responsibility of the dealers
D) Contingency plans need to be in place in case of an overdose

Answer 1

D

Question 2

Lack of 'duty of care' can lead to a claim of:

A) Underpayment
B) Negligence
C) Breach
D) Non-compliance

Answer 2

B

Question 3

Which of the following statements is correct?

A) Asking a participant to sign an indemnity form means that you can never be sued
B) A duty of care must be demonstrated in all situations
C) A duty of care must be demonstrated in all situations and involving everyone on site
D) Indemnity is a type of insurance that reduces risks for event organisers

Answer 3

C

Question 4

Which of the following events carries the highest risk of accidents and injuries?

A) A corporate meeting
B) An extreme adventure event
C) An awards night
D) A food and wine festival

Question 5

Which of the following statements is NOT true?

A) Insurance is a way of treating risks
B) Strategies can be designed to reduce the likelihood
C) Strategies can be designed to reduce the consequence
D) All risks must be treated

Question 6

The five steps of risk management include:

A) Identify risks, consider likelihood, evaluate risks, treat the risks, review and evaluate
B) Identify risks, consider consequences, evaluate risks, treat the risks, review and evaluate
C) Establish the context, identify risks, evaluate risks, treat the risks, review and evaluate
D) Evaluate risks, treat the risks, develop contingency plans, take out insurance, review

Question 7

Public liability insurance:

A) Is taken out for a business potentially liable for damages or injuries to another person or property
B) Is taken out for a business potentially liable for injuries to another person
C) Is taken out for a business potentially liable for damages to property
D) Is taken out in case of theft

Question 8

The standard for risk management is:

A) HACCP
B) ISO 9001
C) ISO 20121
D) AS/NZS ISO 31000

Question 9

A risk is best described as:

A) A hazard
B) A preventative measure
C) An uncertain or unknown event, such as an accident or loss of supplier
D) Something disastrously dangerous to public health

Question 10

Which of the following is true?

A) Risk management is the solution to all compliance issues
B) Risk management needs to be done prior to the event operations planning phase
C) Risk management is an ongoing process
D) Risk management is solely the responsibility of the venue hirer