Exam (elaborations)
RSK4801 Exam pack 2025(Questions and answers)
- Course
- RSK4801
- Institution
- University Of South Africa
RSK4801 Exam pack 2025(Questions and answers) With accurate answers and assurance that they are in the exam
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RSK4801 EXAM PACK2025
QUESTIONS AND
ANSWERS
FOR ASSISTANCE CONTACT
EMAIL:
, lOMoARcPSD|50013335
CONFIDENTIAL RSK4801
Page 1 of 24
January 2023
UNIVERSITY EXAMINATIONS
January 2023
RSK4801
OPERATIONAL RISK MANAGEMENT
100 marks
STUDENT NUMBER
INSTRUCTIONS
This online assessment consists of 24 pages. Please read the Invigilator app instructions
below and scan the QR code.
This paper comprises two sections:
Section A consists of six (6) questions based on a case study.
Section B consists of three (3) essay-type questions.
Write your answers in the designated spaces below the questions, or answer the questions in a Word
document and number your answers correctly.
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Open Rubric
, lOMoARcPSD|50013335
CONFIDENTIAL RSK4801
Page 2 of 24
January 2023
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, lOMoARcPSD|50013335
CONFIDENTIAL RSK4801
Page 3 of 24
January 2023
SECTION A [75]
Instructions:
Consider the following case study and then answer ALL the questions related to it.
CASE STUDY
Cape Agulhas is a small coastal town situated at the southern tip of Africa. It is a
popular holiday area with several holiday homes and beach houses. The
camping/caravan park, situated close to the sea (about 20 metres from the high-
water mark), belongs to the local municipality. It has been neglected and has
therefore failed to attract holidaymakers, so it is currently not a successful business
enterprise.
Mr Khoza, a local entrepreneur, negotiated with the municipality to hire the
camping/caravan park so that he could upgrade the facilities and manage them as a
profitable business. The municipality agreed to rent the park to Mr Khoza for
R30 000 per month. This amount includes the supply of fresh water but excludes
electricity usage.
An analysis of the business revealed the following:
• The camping ground is divided into 100 stands, with a water tap and an
electrical box on each stand.
• There is one ablution block suitable for 100 people at a time (50 males and 50
females).
• There is one laundry area with ten heavy-duty washing machines and ten
wash basins with washing lines.
• There is one access gate. The fencing around the park is not secure, and it
allows easy access to the park without using the main entrance gate.
• Mr Khoza employed the following staff:
o four administrative workers at a salary of R480 000 per annum
(R10 000 per staff member per month). They are responsible for the
following tasks:
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