RISK MANAGEMENT NOTES

May 23rd, 2016
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Alabama A & M University
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Any organisation faces risk. This book details various types of risks and measurements to risk

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DEDAN KIMATHI UNIVERSITY OF TECHNOLOGYUniversity Examinations 2013/2014THIRD YEAR SECOND SEMESTER EXAMINATION FOR THE DEGREE OFBACHELOR OF SCIENCE IN CRIMINOLOGY AND SECURITY MANAGEMENTBSM 2301: INTRODUCTION TO RISK MANAGEMENTDATE: 20TH April 2014TIME: 10.00AM 12.00 NOONINSTRUCTIONS: Answer QUESTION ONE and any other TWO QUESTIONSQUESTION ONE (30 MARKS) (COMPULSORY)a) Define the term risk.[2 Marks]b) In non-insurance transfer, the risk is transferred to a party other than an insurance company.Explain the three major forms of non insurance risk transfer.c) List three advant

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