Methods of analyzing the business environment explicitly

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Reference no: EM132193028

1. Which one of the following methods of analyzing the business environment explicitly includes an assessment threats to the organization?

a. Neither SWOT Analysis nor the Five Forces Model

b. Both SWOT Analysis and the Five Forces Model

c. SWOT Analysis

d. Five Forces Model

2. Which one of the following is the process of documenting an organization’s adherence to external legal and regulatory requirements as well as to internal policies and standards?

a. Market risk

b. Regulation

c. Compliance

d. Risk assessment

3. Which one of the following is the estimated loss value of each individual claim, which is a component of an insurer’s loss reserves?

a. Incurred but not reported (IBNR) reserve

b. Case reserve

c. Risk charge

d. Increased limit factor

Reference no: EM132193028

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