You have been asked by management to secure the laptop of an individual who was just dismissed from the company under unfavorable circumstances. Describe how you would correctly start this incident by properly protecting and securing the evidence.
You are the risk manager for a Ashirwad Atta. The Hindustan times stated that it has plastic and the news has spread. The people has started coming back to the retailers. Explain the three actions you would take to mitigate the consequences of the risk discovered.
Which one of the following statements is true regarding the evolution of risk and risk management?
a. The definition of risk has evolved to include positive as well as negative attributes.
b. Risk management now involves only those areas where the organization has some degree of control over the outcome.
c. The definitions of risk and risk management have become considerably more focused over the years.
d. Risk management is increasingly being applied to the risks associated with accidental losses.