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HBC 2109-HPS 2304 2
HBC 2109-HPS 2304 2
W1-2-60-1-6
JOMO KENYATTA UNIVERSITY
OF
AGRICULTURE AND TECHNOLOGY
University Examinations 2015/2016
SECOND YEAR FIRST SEMESTER SPECIAL/SUPPLEMENTARY EXAMINATION
FOR THE DEGREE OF BACHELOR OF BUSINESS INFORMATION
TECHNOLOGY, FIRST YEAR SECOND SEMESTER SPECIAL/SUPPLEMENTARY
EXAMINATION FOR THE DEGREE OF BACHELOR OF COMMERCE AND
THIRD YEAR FIRST SEMESTER SPECIAL/SUPPLEMENTARY EXAMINATION
FOR THE DEGREE OF BACHELOR OF SUPPLY CHAIN MANAGEMENT
HBC 2109/HPS 2304: RISK MANAGEMENT AND INSURANCE
DATE: AUGUST 2016 TIME: 2 HOURS
INSTRUCTIONS: ANSWER QUESTION ONE AND ANY OTHER TWO
QUESTIONS
b) Explain common forms of political risk that a modern organization is exposed to.
(10 Marks)
c) Discuss conditions for use of risk retention techniques by an organization. (10 Marks)
b) Risk control refers to techniques that reduce the frequency and severity of losses that
an entity is exposed to. Identify the main risk control techniques. (10 Marks)
1
HBC 2109/HPS 2304
b) Severity and frequency of losses are the guiding principles of any risk management
decision. Discuss. (10 Marks)
You are approaching your 40s and are considering buying some policies for yourself and
family. Describe five (5) key policies you will put into consideration. Explain your reasons.
(20 Marks)