November 2023 Flashcards
1
Q
What are the different stages in the development of a crisis?
A
- signal detection
- preparation and prevention
- containment and damage control
- business recovery
- learning from the crisis
2
Q
What is risk and control self-assessments
A
Combines risk identification, qualitative risk assessment and an assessment of control effectiveness.
3
Q
Three Risk Categorisation (2012)
A
Kaplan and Mikes: preventable risks; strategy risks; external risks
