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NEW QUESTION: 1
As an SPHR, you are to participate in enterprise risk management. Risk is an uncertain event or condition that may have a positive or negative effect on the enterprise. In HR, what is the first action you must do to participate in enterprise risk management?
A. Mitigate the risk events.
B. Identify the risk events.
C. Identify the effects of the risk events.
D. Determine your responsibilities as the risk owner.
Answer: B
Explanation:
Explanation/Reference:
Answer option B is correct.
The first step for the HR professional in enterprise risk management is to identify the risk events.
Answer option C is incorrect. The effects of the risk events will happen as part of quantitative risk analysis, but you must first identify the risk events.
Answer option D is incorrect. Risk mitigation aims to lower the probability and/or impact of the risk events, but you must first identify the risk events.
Answer option A is incorrect. Risk responsibilities will be determined as part of the risk response planning, but the risks must first be identified.
Reference: Professional in Human Resources Certification Study Guide, Sybex, ISBN: 978-0-470-43096-5.
Chapter Four: Workforce Planning and Employment. Official PHR and SPHR Certification Guide, HR Certification Institute, ISBN: 978-1-586-44149-4, Section III, The US Body of Knowledge.
Chapter: Business Management and Strategy
Objective: Strategic Management
NEW QUESTION: 2
The following statements are about risk management for case management. Three of the
statements are true and one is false. Select the answer choice containing the FALSE statement.
A. The use of a signed consent authorization form is consistent with accrediting agency standards for patient privacy and confidentiality of medical information.
B. A case management file cannot be used to support the health plan's position in the event of a lawsuit.
C. Health plan documents indicating that any case management delegates are separate, independent entities may reduce an health plan's exposure to risk.
D. Case management that is initiated after a member has incurred substantial medical expenses is more likely to be viewed as a tool to cut costs rather than to improve outcomes.
Answer: B
NEW QUESTION: 3
A. Option F
B. Option B
C. Option C
D. Option A
E. Option D
F. Option E
Answer: A,C
Explanation:
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NEW QUESTION: 4
When a Technical Delivery Assessment (TDA) is completed for an IBM storage solution sold by a Business Partner, who is responsible to maintain the record of TDA completion?
A. IBM Value Added Distributor (VAD)
B. IBM Client Rep for Business Partners
C. Local IBM account team
D. IBM Business Partner
Answer: D