Question
1. Compliance risks 2. Hazard risks 3. Control risks 4. Opportunity risks For further clarity, each student needs to identify the specific role they would
1. Compliance risks 2. Hazard risks 3. Control risks 4. Opportunity risks
For further clarity, each student needs to identify the specific role they would like to pursue after graduation. It is not sufficient to identify the field, such as Operations Management or Supply Chain Management. A role must be identified or else the risk assessment is of little value and will be reflected as such in the student's mark on this assignment.
After identifying these top four risks, the student needs to decide on the likelihood and magnitude (impact) of each risk and then complete the Risk Register and Risk Map (templates provided in separate document). The specific aspects required for each risk are outlined below.
For each of the four risks provide a: a) Description of the risk and how it affects your career b) Explanation of why the risk is in that risk category c) Explanation of the likelihood and impact of the specific risk to your career
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started