Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A. Monde graduated from the National Institute of Public Administration (NIPA) after studying accounting and finance three years ago. She was recently offered a job

A. Monde graduated from the National Institute of Public Administration (NIPA) after studying accounting and finance three years ago. She was recently offered a job as a risk analyst at Metro Limited, a retail trading firm with retail outlets in all the provincial headquarters of Zambia.

The company's board of directors have tasked her to identify all the risks that Metro Limited is currently facing. Monde has decided to use the following tools and techniques to identify the risks:

1. Brainstorming

2. SWOT Analysis

3. Delphi Technique

4. Root Cause Analysis

Required:

i. Explain how Monde can use each of the tools and techniques (1-4) above in risk identification.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Restaurant Concepts, Management, And Operations

Authors: John R Walker

8th Edition

1119393582, 9781119393580

More Books

Students also viewed these General Management questions

Question

What is the weighted average cost of capital?

Answered: 1 week ago