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NEW QUESTION 33
Which of the following will you put into box 6?

  • A. new technology
  • B. outsource
  • C. insurance
  • D. forward contract

Answer: C

Explanation:
Explanation
Table Description automatically generated
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The company should ensure they have the correct levels of Employer's Liability insurance as staff are getting injured. This transfers the risk to the insurance company. (I mean they should probably do something to stop the staff getting hurt too... but this is just an imaginary example question....)

 

NEW QUESTION 34
Which of the following form part of the Stakeholder Salience Model? Select TWO

  • A. attitude
  • B. legitimacy
  • C. interest
  • D. power
  • E. level

Answer: D

Explanation:
Explanation
Power and Legitimacy are part of the Stakeholder Salience Model - the third characteristic is Urgency. See p.
138

 

NEW QUESTION 35
Which of the following FIDIC Contracts would be suitable for a contract for offshore wind projects?

  • A. Minor Works Contract
  • B. Construction Contract
  • C. Yellow Book Contract
  • D. Measured Term Contract

Answer: C

Explanation:
Explanation
This is the Yellow Book. This is briefly mentioned on p.74 and can often be missed by students. There is a question in the exam about which type of FIDIC contract can be used for construction projects and this is NOT explained in the study guide - so here is a link to FIDIC so you can revise this before the exam:
https://fidic.org/sites/default/files/FIDIC_Suite_of_Contracts_0.pdf

 

NEW QUESTION 36
......

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