Question
Objective To provide you with an opportunity to identify how to develop risk management plan and strategies. Equipment needed Case Study C - Risk assessment
Objective | To provide you with an opportunity to identify how to develop risk management plan and strategies. |
Equipment needed | Case Study C - Risk assessment model. |
This activity will not require observation.
Scenario A
Ali is the branch manager at a regional estate agents. A new local competitor has just opened and have cut their sales fees to 2% as an introductory offer. Ali has noticed that they have attracted nearly 40% fewer vendors this month. Vendors account for 66% of the agents' revenue, and they are reliant on this income to survive as a business. Scenario B
Jack runs a builders merchants. One of his sales advisors calls him to assist with an irate customer who has not received a large delivery of gravel. The customer is a large, reputable builders firm who have been using Jack's company for many years but are threatening to move to a competitor and leave negative feedback on their website. Jack realises that the fault lies with his team and tries to seek a solution for the customer. |
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