100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
MNO3706 Assignment 1 (QUALITY ANSWERS) Semester 2 2024 R45,34   Add to cart
Quickly navigate to
Preview
  2.  
  3. University Of South Africa
  4.  
  5. Safety Management III B

Exam (elaborations)

MNO3706 Assignment 1 (QUALITY ANSWERS) Semester 2 2024
 18 views  0 purchase

MNO3706 Assignment 1 (QUALITY ANSWERS) Semester 2 2024. 1. Explain the use the technique used to measure or manage risk. (10) 2. Clarify the fundamental principles of learning. (10) 3. Explain the four (4) step teaching method. (10) MNO3706 Assignment 1 Semester 2 2024 QUESTIONS WITH COMPLETE ANSW...

[Show more]

Preview 2 out of 5  pages

Document information

  • August 16, 2024
  • 5
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

Connected book

book image

Book Title:

Author(s):

  • Edition:
  • ISBN:
  • Edition:

More summaries for

All for this textbook (25)

Written for

All documents for this subject (13)

Seller

avatar-seller
TBSTUVIA

Reviews received

Content preview

MNO3706
Assignment 1
Semester 2 2024
QUESTIONS WITH COMPLETE ANSWERS




[DATE]
[COMPANY NAME]
[Company address]

, MNO3706 Assignment 1 Semester 2 2024



1. Explain the use the technique used to measure or manage risk. (10)

2. Clarify the fundamental principles of learning. (10)

3. Explain the four (4) step teaching method. (10)

1. Explain the use of the technique used to measure or manage risk.
(10)

Risk management involves identifying, assessing, and prioritizing risks
followed by coordinated efforts to minimize, monitor, and control the
probability or impact of unfortunate events. One common technique used to
measure or manage risk is the Risk Assessment Matrix (or Risk Matrix).

Risk Assessment Matrix:

• Identification: Determine what could go wrong.

• Assessment: Analyze the likelihood and impact of each identified
risk. This is often done using a scale (e.g., 1-5) for both likelihood and
impact.

• Matrix Creation: Create a matrix with likelihood on one axis and
impact on the other. Each risk is placed in the matrix based on its
assessed scores.

• Prioritization: Risks in the higher likelihood and impact quadrants
are prioritized for management.

• Mitigation Strategies: Develop strategies to manage, reduce, or
eliminate high-priority risks.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

Quick and easy check-out

You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

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 this summary from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller TBSTUVIA. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy this summary for R45,34. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

78998 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy summaries for 14 years now

Start selling
R45,34
  • (0)
  Buy now