风险管理试题编辑精选.docx

风险管理试题

第一篇：风险管理试题SampleQuestions(RM)GroupOneBriefanalysisI.Alarge-sizecompanyisplanningtooperateatoverseasmarkets.Howdoyouidentifyandanalyzethepossibleriskstobedealtwithbythiscompany?Myanswerwouldbeasfollows:(1)Iwanttodefineriskastheuncertaintyofthefutureoutcome(s).(2)Asthethree-stageapproachtoriskmanagementindicates,thefirststepistoidentifyrisks.Risksincludebutmaynotbelimitedto:legal/regulatoryriskarisenfromnon-complianceinthenewbusinessenvironment;businessrisk,thatis,failingtoachievebusinesstargetsduetoinappropriatestrategies,inadequateresourcesorchangesintheeconomicorcompetitiveenvironment;marketrisk,thatis,thelossduetoadversechangesinmarketpricessuchasforeignexchangerate,commodityprice.II.Analyzethepossiblerisksforaconstructioncontract.Myanalysisisasfollows:Infact,everysituationwillinvolveonetypeormoreofrisks.Aconstructioncontractcangetacompanyinvolvedinthefollowingrisks:(1).Creditrisk,thatis,theclientmaynotpayontimeoratall.(2).Liquidityrisk.Itreferstothesituationthatfundsmaybetiedupiftherearedelaysbytheclientinmakingpayments.Thismayleadtotheneedtoborrowfundstherebyraisingcosts.(3).Operationalrisk.Whenacompanyisawardedaconstructioncontractinanewcountry,itislikelytoinvolveanumberofoperationalriskssuchasavailabilityofstaff,differentworkingpractices,availabilityofrawmaterials.Besides,weneedtotakeaccountofculturaldifferences,languageproblems,clarityonrolesandresponsibilitiesothejointventurepartners.Moreover,theremayexistpossibilitiesforfraud,etc.III.Incomparisonwithdevelopedmarkets,firmsoperatinginemergingmarketsmayhavetodealwithobviousorhiddenrisks.Youarerequiredtodiscusssomestrategiesthatcanbeadoptedinriskmanagement.Aspeoplelookatemergingmarkets,thereareawiderangeofrisksthatmayoccur,totallyunexpectedeventsaremorelikelytohappen,andthereisgreatervolatility.Therefore,weprobablyneedtodoanumberofthingsasbelow:(1).Findoutwhatriskisreallylike–thoroughduediligencewillpaypidends.UseindependentexpertswhocangiveimpartialviewsandhighlightthoseriskissuesthataHeadOfficeteamare