WORK PLACE

Question 1

Amendments to U.S. Americans with Disabilities Act covering the definition of individuals regarded as having a disability, mitigating measures, and other rules of construction to guide the analysis of what constitutes a disability.

Answer 1

ADA Amendments Act (ADAAA)

Question 2

Type of discrimination that results when a neutral policy has a discriminatory effect; also known as disparate impact.

Answer 2

Adverse impact

Question 3

U.S. act that prohibits discrimination in the workplace on the basis of age

Answer 3

.Age Discrimination in Employment Act (ADEA)

Question 4

Modification of the U.S. Constitution or a

U.S. law.

Answer 4

Amendment

Question 5

U.S. act that prohibits discrimination against a qualified individual with a disability because of his/her disability.

Answer 5

Americans with Disabilities Act (ADA)

Question 6

Expected monetary loss for an asset due to a risk over a one-year period; calculated by multiplying single loss expectancy by annualized rate of occurrence.

Answer 6

Annualized loss expectancy (ALE)

Question 7

Employees who work outside their home countries.

Answer 7

Assignees

Question 8

A proposal presented to a legislative body for possible enactment as a statute.

Answer 8

Bill

Question 9

Principles of conduct within an organization that guide decision making and behavior; also known as code of ethics.

Answer 9

Code of conduct

Question 10

Concept that jobs filled primarily by women that require skills, effort, responsibility, and working conditions comparable to similar jobs filled primarily by men should have the same classifications and salaries.

Answer 10

Comparable worth

Question 11

State of being in accordance with all national, federal, regional, and/or local laws, regulations, and/or other government authorities and requirements applicable to the places in which an organization operates.

Answer 11

Compliance

Question 12

Protocol that an organization implements when an identified risk event occurs.

Answer 12

Contingency plan

Question 13

Concept that a corporation has an impact on the lives of its stakeholders and the environment, encompassing such areas as corporate governance, philanthropy, sustainability, employee rights, social change, volunteerism, corporate- sponsored community programs, and workplace safety.

Answer 13

Corporate social responsibility (CSR)

Question 14

Physical or mental impairment that substantially limits one’s major life activities.

Answer 14

Disability

Question 15

Type of discrimination that results when a neutral policy has a discriminatory effect; also known as adverse impact.

Answer 15

Disparate impact

Question 16

Type of discrimination that occurs when an applicant or employee is treated differently because of his or her membership in a protected class.

Answer 16

Disparate treatment

Question 17

Differences in people’s characteristics (such as socioeconomic status, beliefs, personality, thought processes, work style, race, age, ethnicity, gender, religion, education, job function, etc.).

Answer 17

Diversity

Question 18

Set of behavioral guidelines that an organization expects all of its directors, managers, and employees to follow, in order to ensure appropriate moral and ethical business standards.

Answer 18

Ethics

Question 19

Refers to the socially constructed system that associates masculinity or femininity with certain roles, behaviors, activities, and attributes.

Answer 19

Gender

Question 20

Refers to one’s internal, personal sense of being a man or a woman (or boy or girl), which may or may not be the same as one’s sexual assignment at birth.

Answer 20

Gender identity

Question 21

Globalization strategy that emphasizes consistency of approach, standardization of processes, and a common corporate culture across global operations.

Answer 21

Global integration (GI) strategy

Question 22

Monies sent back home by migrants working in foreign countries.

Answer 22

Global remittances

Question 23

Status of growing interconnectedness and interdependency among countries, people, markets, and organizations worldwide.

Answer 23

Globalization

Question 24

Characteristic of an organization with a strong global image but an equally strong local identity.

Answer 24

“Glocalization”

Question 25

Potential harm, often associated with a condition or activity that, if left uncontrolled, can result in injury or damage to persons or property.

Answer 25

Hazard

Question 26

Occurs when sexual or other discriminatory conduct is so severe and pervasive that it interferes with an individual’s performance; creates an intimidating, threatening, or humiliating work environment; or perpetuates a situation that affects the employee’s psychological well-being.

Answer 26

Hostile environment harassment

Question 27

Extent to which diversity is embraced in management of people, products/ services, and branding.

Answer 27

Identity alignment

Question 28

Extent to which each person in an organization feels welcomed, respected, supported, and valued as a team member.

Answer 28

Inclusion

Question 29

Metrics that provide an early signal of increasing risk exposures for an enterprise.

Answer 29

Key risk indicators (KRIs)

Question 30

Globalization strategy that emphasizes adapting to the needs of local markets and allows subsidiaries to develop unique products, structures, and systems.

Answer 30

Local responsiveness (LR) strategy

Question 31

Situation in which one party engages in risky behavior knowing that it is protected against the risk because another party will incur any resulting loss.

Answer 31

Moral hazard

Question 32

Organization that owns or controls production or services facilities in one or more countries other than the home country.

Answer 32

Multinational enterprise (MNE)

Question 33

Refers to the country (including those that no longer exist) of one’s birth or of one’s ancestors’ birth.

Answer 33

National origin

Question 34

Practice of contracting a part of business processes or production to an external company in a country that is relatively close (e.g., within the same own region).

Answer 34

Near-shoring

Question 35

Medical condition or disorder, other than one resulting from an occupational injury, caused by exposure to environmental factors associated with employment.

Answer 35

Occupational illness

Question 36

Injury that results from a work-related accident or exposure involving a single incident in the work environment.

Answer 36

Occupational injury

Question 37

Method by which an organization relocates its processes or production to an international location through subsidiaries or third-party affiliates.

Answer 37

Offshoring

Question 38

Relocation of business processes or production to a lower-cost location inside the same country as the business.

Answer 38

Onshoring

Question 39

Situation in which an agent (e.g., an employee) makes decisions for a principal (e.g., an employer) potentially on the basis of personal incentives that may not be aligned with the principal’s incentives.

Answer 39

Principal-agent problem

Question 40

Extent to which underlying operations such as IT, finance, or HR integrate across locations.

Answer 40

Process alignment

Question 41

People who are covered under a particular federal or state antidiscrimination law

Answer 41

Protected class

Question 42

Process by which an organization moves an employee out of an international assignment; can involve moving back to the home country, moving to a different global location, or moving to a new location or position in the current host country.

Answer 42

Redeployment

Question 43

Rule or order issued by an administrative agency of government, which usually has the force of law.

Answer 43

Regulation

Question 44

Process by which employees returning from international assignments reintegrate into their home country's culture, conditions and employment.

Answer 44

Repatriation

Question 45

Amount of uncertainty that remains after all risk management efforts have been exhausted.

Answer 45

Residual risk

Question 46

Innovations created for or by emerging- economy markets and then imported to developed-economy markets.

Answer 46

Reverse innovation

Question 47

Uncertainty that has an effect on an objective, where effect outcomes may include opportunities, losses, and threats.

Answer 47

Risk

Question 48

Amount of uncertainty an organization is willing to pursue or to accept to attain its risk management goals.

Answer 48

Risk appetite

Question 49

An action taken to manage a risk.

Answer 49

Risk control

Question 50

System for identifying, evaluating, and controlling actual and potential risks to an organization, and which typically incorporate mitigation and/or response strategies, including the use of insurance.

Answer 50

Risk management

Question 51

An organization’s desired gain or acceptable loss in value.

Answer 51

Risk position

Question 52

Tool used to gather individual assessments of various characteristics of risk (e.g., frequency of occurrence; degree of impact, loss, or gain for the organization; degree of efficacy of current controls).

Answer 52

Risk scorecard

Question 53

Amount of uncertainty an organization is willing to pursue or to accept to attain its risk management goals.

Answer 53

Risk tolerance

Question 54

Expected monetary loss every time a risk occurs; calculated by multiplying asset value by exposure factor.

Answer 54

Single loss expectancy (SLE)

Question 55

Practice of purchasing and using resources wisely by balancing economic, social, and environmental concerns, with the goal of securing the interests of present and future generations.

Answer 55

Sustainability

Question 56

Economic, social, and environmental impact metrics used to determine an organization’s success.

Answer 56

Triple bottom line

Question 57

Process by which a retirement benefit becomes nonforfeitable.

Answer 57

Vesting

Question 58

Action of rejecting a bill or statute.

Answer 58

VETO

Question 59

Legal doctrine under which a party can be held liable for the wrongful actions of another party.

Answer 59

Vicarious liability

Question 60

Any fixed, recurring period of 168 consecutive hours (7 days times 24 hours = 168 hours).

Answer 60

Workweek