©THEBRIGHT EXAM SOLUTIONS 2024/2025
ALL RIGHTS RESERVED.
RMI2302 EXAM 3 Questions With Verified
Answers
MODULE 11 LO - Answers✔1. Define global risk
2. Identify significant global risk
3. Explain what the Global Risk report refers to as Fraying Fundamentals
4. Describe the Societal level risk linked to climate change and climate action failure
5. Explain what is causing biodiversity loss and what the results of this loss may be.
6. Define digital fragmentation and identity the society level risks associated with it
7. Identify the current strains on global health systems
1. Define global risk (slide 6) - Answers✔•Global Risk - occurrence that causes significant
negative impact for several countries or industries over a time frame of up to 10 years.
2. Identify significant global risk (slide 8,10,11,12) - Answers✔-Likelihood and impact
-Interdependencies
•# of connections
•Strength of the connections
Likelihood and Impact ( slide 10) - Answers✔•3 risks appear on both lists:
-Climate action failure
-Biodiversity loss
-Extreme weather
Interdependencies # of connection (slide 11) - Answers✔•Which risks have the most
interconnections (figure IV)
-Climate action failure
, ©THEBRIGHT EXAM SOLUTIONS 2024/2025
ALL RIGHTS RESERVED.
Interdependencies strength of the connection (slide 12) *remember the word important -
Answers✔•Which risks have the most "important" interconnections (Figure IV)
-Climate action failure & extreme weather
3. Explain what the Global Risk report refers to as Fraying Fundamentals (slide 14) - Answers✔-
What are the fundamentals?
•Economic stability
•Social cohesion
Slide 14 Fraying Fund. -What are the problems? - Answers✔•Macroeconomic fragilities
•Financial inequalities* (within country)
•Trade barriers (declining global trade)
•High debt (225% of global GDP) / low confidence
•Political nationalism - economic decoupling
•Vulnerable societies / social upheaval
Slide 14 Fraying Fund. -What is the solution? - Answers✔•Stakeholder capitalism: economic
gains & social well-being
4. Describe the Societal level risk linked to climate change and climate action failure (slide
15,16,17) - Answers✔
•So what is the issue (slide 15) - Answers✔Scientific consensus: Earth's climate is warming
TREND IS NOT GOOD (slide 15) - Answers✔•Global energy demand is increasing
•Urbanization is increasing
•Deforestation & wetlands development are increasing
what are the societal level risks associated with it? (slide 16) - 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
ALL RIGHTS RESERVED.
RMI2302 EXAM 3 Questions With Verified
Answers
MODULE 11 LO - Answers✔1. Define global risk
2. Identify significant global risk
3. Explain what the Global Risk report refers to as Fraying Fundamentals
4. Describe the Societal level risk linked to climate change and climate action failure
5. Explain what is causing biodiversity loss and what the results of this loss may be.
6. Define digital fragmentation and identity the society level risks associated with it
7. Identify the current strains on global health systems
1. Define global risk (slide 6) - Answers✔•Global Risk - occurrence that causes significant
negative impact for several countries or industries over a time frame of up to 10 years.
2. Identify significant global risk (slide 8,10,11,12) - Answers✔-Likelihood and impact
-Interdependencies
•# of connections
•Strength of the connections
Likelihood and Impact ( slide 10) - Answers✔•3 risks appear on both lists:
-Climate action failure
-Biodiversity loss
-Extreme weather
Interdependencies # of connection (slide 11) - Answers✔•Which risks have the most
interconnections (figure IV)
-Climate action failure
, ©THEBRIGHT EXAM SOLUTIONS 2024/2025
ALL RIGHTS RESERVED.
Interdependencies strength of the connection (slide 12) *remember the word important -
Answers✔•Which risks have the most "important" interconnections (Figure IV)
-Climate action failure & extreme weather
3. Explain what the Global Risk report refers to as Fraying Fundamentals (slide 14) - Answers✔-
What are the fundamentals?
•Economic stability
•Social cohesion
Slide 14 Fraying Fund. -What are the problems? - Answers✔•Macroeconomic fragilities
•Financial inequalities* (within country)
•Trade barriers (declining global trade)
•High debt (225% of global GDP) / low confidence
•Political nationalism - economic decoupling
•Vulnerable societies / social upheaval
Slide 14 Fraying Fund. -What is the solution? - Answers✔•Stakeholder capitalism: economic
gains & social well-being
4. Describe the Societal level risk linked to climate change and climate action failure (slide
15,16,17) - Answers✔
•So what is the issue (slide 15) - Answers✔Scientific consensus: Earth's climate is warming
TREND IS NOT GOOD (slide 15) - Answers✔•Global energy demand is increasing
•Urbanization is increasing
•Deforestation & wetlands development are increasing
what are the societal level risks associated with it? (slide 16) - 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
