Exam (elaborations)
RSK4803 Assignment 3 (COMPLETE ANSWERS) 2024 - DUE 7 October 2024
- Course
- Institution
- Book
Exam study book Risk Financing and Management of Alan Punter - ISBN: 9780852977132 (Guaranteed success)
[Show more]
Connected book
Book Title:
Author(s):
- Edition:
- ISBN:
- Edition:
More summaries for
-
RSK4803 Assignment 3 (COMPLETE ANSWERS) 2024 - DUE 7 October 2024 ; 100% TRUSTED Complete, trusted solutions and explanations
-
RSK4803 Assignment 3 (COMPLETE ANSWERS) 2024 - DUE 7 October 2024 ; 100% TRUSTED Complete, trusted solutions and explanations.
-
RSK4803 Assignment 3 (COMPLETE ANSWERS) 2024 - DUE 7 October 2024 ; 100% TRUSTED Complete, trusted solutions and explanations.
Seller
Follow
silvermade
Reviews received
Content preview
RSK4803Assignment 3
(COMPLETE
ANSWERS)
2024 - DUE 7
October
2024
, RSK4803 Assignment 3 (COMPLETE ANSWERS) 2024 - DUE 7 October
2024
Question 1 22 marks 1.1 In a management meeting, it was decided that the
company needs to establish the risk management function. However, there
were different views about the main objective of risk management. Choose
the correct view about the responsibility of risk management. (2) a. The chief
executive officer held that the responsibility of risk management would be to
assess, control and finance critical risks facing the organisation and report the
outcomes to the board. b. The chief financial officer stated that the
responsibility of risk management would be to assess critical risks facing the
organisation and communicate the assessment to management and the
board. c. The human resources director argued that the responsibility of risk
management would be to compile a report on all risk exposures of the
organisation for reporting to the board. d. The compliance officer emphasised
that the responsibility of risk management would be to provide assurance
about the management of risks to stakeholders of the organisation. 1.2
Eskom, South Africa’s largest electricity provider, navigates a challenging and
promising environment in its mission to deliver reliable and sustainable energy
to the nation. The utility’s handling of debts is crucial for its financial stability,
operational efficiency, and environmental impact. Despite these factors,
Eskom’s decisions regarding liabilities play a pivotal role in its financial
For assistance with assignments whatsapp +254702715801
, stability. Eskom's total liabilities increased from R77,000 million in 2006 to
R480,000 million in 2016. Given that the liabilities in 2012 were 50% higher
than that in 2006, the total liabilities for 2012 would be calculated as follows:
(2) a. R115,500 million b. R480,000 million c. R38,500 million d. R557,000
million 1.3 Which of the following is not an example of unreimbursed losses?
(2) a. Underinsurance b. Franchise deductibles. c. Losses resulting from risks
with available insurance cover d. Uninsured Losses, either intentionally or
unintentionally Page 2 of 7 RSK4803 Tutorial Letter 102 © UNISA 2023 1.4
Comair Limited, a South African airline, operated scheduled services
domestically as a British Airways franchisee and under its own budget brand,
K. The airline faced various challenges, including fluctuating fuel prices,
regulatory requirements, weather disruptions, and passenger demand
variability. These challenges directly affected flight schedules, operational
costs, and customer experiences. During a particular disruption, around
191,000 passengers were affected by flight cancellations and 78,000
passengers experienced delays at Comair during the disruption. If Comair had
initially scheduled flights for 300,000 passengers, what percentage of
passengers were not directly affected by cancellations or delays? (2) a. 10%
b. 11% c. 31% d. 32% 1.5 In terms of funding the organisation’s strategy, the
job of the risk manager is to … (2) a. provide adequate funds for managing
risks and select an appropriate funding ratio between capital and debt. b.
For assistance with assignments whatsapp +254702715801
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller silvermade. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $2.80. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
50064 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now