Consider you are working a Senior Retail Manager of Adidas which is global leader to sell sports and fitness equipment to its individual and corporate clients. Your job roles and responsibilities are recruiting, training, supervising and appraising staff, managing budget, overseeing products, pricing and stocks, preparing promotional materials, attracting new customers and liaising with the head office. As a part of your job, you are managing and leading various teams within the company to achieve specific tasks such as sales, promotional, and staff development to manage overall business operations. Your organisation is using Riskbased approach to identify, assess and investigate all risks within the business operations. You are providing an insight into the different risk profiles from both your organization and on an individual's perspectives to evaluate business environment and manage innovation.

 

Identify and evaluate different business environments and the likely risks of those environments ?