©THEBRIGHT EXAM SOLUTIONS 2024/2025
ALL RIGHTS RESERVED.
RMI2302 final FSU NYCE Exam Questions
With Verified Answers
What is a Global Risk? - Answers✔occurrence that causes significant negative impact for several
countries or industries over a time frame of up to 10 years.
Categories of Risk - Answers✔•30 Global Risks divided into 5 categories
-Economic
-Environmental
-Geopolitical
-Societal
-Technological
Risk Analysis - Answers✔•Risks analyzed along 2 parameters:
-Likelihood and impact (quantitative)
-Interdependencies (systemic)
•# of connections
•Strength of the connections
What risks appear on "Top 5" List for both likelihood & impact - Answers✔-Climate action
failure
-Biodiversity loss
-Extreme weather
Which risks have the most interconnections - Answers✔-Climate action failure
Which risks have the most "important" interconnections - Answers✔-Climate action failure &
extreme weather
What are the fundamentals? - Answers✔•Economic stability
, ©THEBRIGHT EXAM SOLUTIONS 2024/2025
ALL RIGHTS RESERVED.
•Social cohesion
Risks to economic stability and social cohesion: - Answers✔•Macroeconomic fragilities
•Financial inequalities* (within country)
•Trade barriers (declining global trade)
•High debt / low confidence
•Political nationalism - economic decoupling
•Vulnerable societies / social upheaval
What is the solution? - Answers✔•Stakeholder capitalism: economic gains & social well-being
Chapter 3: Climate Change: So what is the issue - Answers✔Earth's climate is warming
-Carbon emissions lead to a warmer climate
-Repeated efforts to stem greenhouse gas emissions
-Trends are not good
•Global energy demand is increasing
•Urbanization is increasing
•Deforestation & wetlands development are increasing
Chapter 3: Climate Change: So what are the societal level risks associated with it - Answers✔-
More disasters?
-Polar ice melting more quickly than predicted => sea level rise
-Loss of life - biodiversity & human life
-Ecosystem stress
-Food & water crises
-Increased migration
-Geopolitical tensions
Chapter 3: Climate Change: So what are the societal level risks associated with it pt. 2? -
Answers✔-Economic impacts (costs & opportunities)
-Transition risks
•Transition away from carbon producing activities
ALL RIGHTS RESERVED.
RMI2302 final FSU NYCE Exam Questions
With Verified Answers
What is a Global Risk? - Answers✔occurrence that causes significant negative impact for several
countries or industries over a time frame of up to 10 years.
Categories of Risk - Answers✔•30 Global Risks divided into 5 categories
-Economic
-Environmental
-Geopolitical
-Societal
-Technological
Risk Analysis - Answers✔•Risks analyzed along 2 parameters:
-Likelihood and impact (quantitative)
-Interdependencies (systemic)
•# of connections
•Strength of the connections
What risks appear on "Top 5" List for both likelihood & impact - Answers✔-Climate action
failure
-Biodiversity loss
-Extreme weather
Which risks have the most interconnections - Answers✔-Climate action failure
Which risks have the most "important" interconnections - Answers✔-Climate action failure &
extreme weather
What are the fundamentals? - Answers✔•Economic stability
, ©THEBRIGHT EXAM SOLUTIONS 2024/2025
ALL RIGHTS RESERVED.
•Social cohesion
Risks to economic stability and social cohesion: - Answers✔•Macroeconomic fragilities
•Financial inequalities* (within country)
•Trade barriers (declining global trade)
•High debt / low confidence
•Political nationalism - economic decoupling
•Vulnerable societies / social upheaval
What is the solution? - Answers✔•Stakeholder capitalism: economic gains & social well-being
Chapter 3: Climate Change: So what is the issue - Answers✔Earth's climate is warming
-Carbon emissions lead to a warmer climate
-Repeated efforts to stem greenhouse gas emissions
-Trends are not good
•Global energy demand is increasing
•Urbanization is increasing
•Deforestation & wetlands development are increasing
Chapter 3: Climate Change: So what are the societal level risks associated with it - Answers✔-
More disasters?
-Polar ice melting more quickly than predicted => sea level rise
-Loss of life - biodiversity & human life
-Ecosystem stress
-Food & water crises
-Increased migration
-Geopolitical tensions
Chapter 3: Climate Change: So what are the societal level risks associated with it pt. 2? -
Answers✔-Economic impacts (costs & opportunities)
-Transition risks
•Transition away from carbon producing activities
