CEM CEM Risk Management & Safety

Question 1

Which document outlines the procedures an exhibition organizer must follow in the event of an emergency such as a fire or medical crisis?

Accepted Answer

Emergency Action Plan (EAP)

Answer

Exhibitor Service Manual

Answer

Facility Use Agreement

Answer

Insurance Certificate

Question 2

What type of insurance is MOST essential for an exhibition organizer to carry to protect against third-party bodily injury claims?

Accepted Answer

Commercial General Liability (CGL)

Answer

Business Interruption Insurance

Answer

Directors and Officers Insurance

Answer

Workers' Compensation Insurance

Question 3

A risk matrix in exhibition management is used to:

Accepted Answer

Prioritize risks based on likelihood and impact

Answer

List all exhibitors and their booth assignments

Answer

Track revenue against projected budgets

Answer

Schedule vendor delivery windows

Question 4

Which federal agency sets safety standards that most directly affect exhibition floor operations in the United States?

Accepted Answer

OSHA (Occupational Safety and Health Administration)

Answer

FEMA (Federal Emergency Management Agency)

Answer

TSA (Transportation Security Administration)

Answer

EPA (Environmental Protection Agency)

Question 5

What is the purpose of a force majeure clause in an exhibition contract?

Accepted Answer

To excuse performance obligations due to unforeseeable events beyond a party's control

Answer

To set penalties for late booth payments

Answer

To define the organizer's marketing responsibilities

Answer

To establish the exhibitor move-in schedule

Question 6

Which risk management strategy involves transferring financial responsibility for a risk to another party?

Accepted Answer

Risk transfer

Answer

Risk avoidance

Answer

Risk retention

Answer

Risk reduction