Risk Management & Ethical Practices Flashcards

A staff member notices a cable crossing a high-traffic walkway at an activation. What is the best immediate control?

Answer: Cover it with a rated cable protector or reroute it

Cable protectors or rerouting eliminate a trip hazard, which is more effective than warnings.

In the hierarchy of risk controls, which is generally the MOST effective?

Answer: Elimination of the hazard

Elimination removes the hazard entirely, making it the most effective control in the hierarchy.

A brand activation targets college campuses with energy drink sampling. What ethical consideration is most relevant?

Answer: Avoiding marketing to minors and making truthful health claims

Ethical practice requires avoiding targeting minors and ensuring product claims are truthful and substantiated.

Which practice best protects attendee payment card data collected at an event merchandise booth?

Answer: Using PCI DSS-compliant payment terminals

PCI DSS-compliant terminals encrypt and protect cardholder data according to industry security standards.

When an event planner accepts a small risk because the cost of mitigation exceeds the potential loss, this is called:

Answer: Risk acceptance (retention)

Consciously accepting a risk when mitigation is not cost-effective is risk acceptance or retention.

An agency discovers mid-event that a hired vendor is paying workers below minimum wage. What is the most ethical course?

Answer: Address it with the vendor and escalate per policy, potentially ending the relationship

Ethical practice includes holding suppliers accountable for labor law compliance and acting on known violations.

What is the role of a designated incident report form at an activation?

Answer: To document facts of injuries or incidents promptly for insurance and legal records

Prompt, factual incident documentation supports insurance claims, legal defense, and future prevention.