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Assignment Topic & Details: You have just started your business, and you supply food materials to Asian restaurants. Currently, you have approx. 20 restaurants to
Assignment Topic & Details: You have just started your business, and you supply food materials to Asian restaurants. Currently, you have approx. 20 restaurants to supply and have employees as follows: - 1 Delivery driver - 1 Administrator - 1 Warehouse manager - 2 Warehouse assistants Your business has generated good revenues by supplying food materials to 20 Asian restaurants; however, as you have operated this business for only 3 months, you want to identify risks in your business operations. Currently, your business is operating as follows: - All food materials are delivered in normal delivery vans and you do not have any refrigerated delivery vans. - All ordering, invoicing and receipts are manually issued on the designed forms. - At least one of the warehouse assistants comes with the delivery driver, and sometimes the assistant drives the van. - Due to the nature of small restaurants, sometimes they give cash payments for the supplies to the delivery driver. - The administrator does all administrative work, including accounting, HR, etc. - The current terms for accounts receivable and payable are both for 2 weeks. - Your business receives goods from only one main distributor in Australia. - Currently, the deliveries are scheduled for 7 days a week. You are supposed to identify Risk that may faced by organisation Types: Systematic or unsystematic Controlled or uncontrolled Department involved to mitigate the risk... Page of zlssr'gmm.)m
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