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NEW QUESTION 21
What is ISO28000?

• A. Supply Chain Security
• B. Sustainable Procurement
• C. Quality Management
• D. Risk Management

Answer: A

Explanation:
Explanation
ISO 28000 is Supply Chain Security Management. This is a known topic for the exam. Learn more about ISOs on p. 141

NEW QUESTION 22
A black swan event is what type of occurrence?

• A. an unusual occurrence
• B. a common occurrence
• C. an occurrence with a negative outcome
• D. an occurrence with a good outcome

Answer: A

Explanation:
Explanation
A black swan event is an unusual occurrence - something that is rare. See p.124

NEW QUESTION 23
Which of the following will you put into box 3?

• A. terminate
• B. transfer
• C. treat
• D. tolerate

Answer: A

Explanation:
Explanation
The correct answers are as follows:
Table Description automatically generated

The consequences of this risk are huge, therefore the risk should be terminated. This means the cause of the risk is taken away (i.e. the animal testing).

NEW QUESTION 24
Risk Management is a process with several steps. Which of the following is the last step of the cycle?

• A. monitor and review
• B. identify risks
• C. communicate and consult
• D. treat

Answer: A

Explanation:
Explanation
monitor and review is the last stage. The full cycle is; establish context - identify risks - analyse and evaluate risks - treat -communicate and consult - monitor and review. See p. 142

NEW QUESTION 25
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