To answer Question 1, you will need to watch a pre-recorded lecture concerning 'Loss Exposure Identification Methods' posted on Blackboard AND read the discussion in Chapter 2 concerning 'Methods of Loss Exposure Identification'. 1. Refer to the article in Case Studies - West Virginia Water Contamination "Inspectors Visited Spill Site Five Times Since 2001". Identify and briefly discuss two loss exposure identification methods illustrated in this article. Make sure you state specifically what type of loss each method is seeking to identify. [6 points]

 

2. Refer to the article in Topic 2 / The Value of Risk Management "The Only Lifeline was the Wal-Mart". Consider the discussion of Risk Management Program Goals in Chapter 2 of your textbook. Based on your reading of this article, identify and briefly discuss two specific examples of these goals that are illustrated by Wal-Mart. Specify whether your example illustrates a pre-loss goal or a post-loss goal. [6 points]

 

 

https://www.programbusiness.com/news/Inspectors-Visited-West-Virginia-Spill-Site-Five-Times-Since-2001

http://archive.fortune.com/magazines/fortune/fortune_archive/2005/10/03/8356743/index.htm

https://learn.temple.edu/bbcswebdav/pid-2191179-dt-content-rid-11812910_1/courses/BU-RMI-2101-012-1123-201720/BU-RMI-2101-012-1123-201720_ImportedContent_20170515044527/The%20Only%20Lifeline%20was%20the%20WalMart%281%29%281%29.pdf

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