TU Wien:Enterprise Risk Management Fundamentals VU (Schwaiger)/MC: Göstl/Schwaiger

- Speculative risks include risk events as well as chance events (true)

- Jaedicke/Robichek’s probabilistic CVP framework is one of the first risk-based management systems in the strategic management domain (false)

- A risk-based predictive model takes uncertainty into account when forecasting the likely outcomes of various alternative courses of actions (true)

- Mikes/Kaplan: External (Category III) risks arise from events that the company can influence (false)

- In a 1-person enterprise the conflicting interests hide the “risk understanding diversity” between preventable, strategy execution and external risks (false)

- An enterprise risk management system is defined by the 3 parts, i.e. a risk-based corporate governance that integrates providers and users of risk information (false)

- The Q9 guideline on quality risk management characterizes the transition from proactive to reactive quality management by managing incurred risk events (false)