Small businesses, startups and nonprofit organisations are known struggle to implement

some elements in the typical approaches to assessing and managing risks. Conversely, the

cheaply implemented elements of risk assessment tend to be the most subiective. Which aspects of the risk assessment and risk management toolkit could be adopted by most small businesses and startups and nonprofit organisations, and which might be most ditticult tor them to implement and why?

Apart trom just accepting an increased risk

appetite, which elements in risk assessment and risk management could small businesses

be expected implement, within the constraints of their stating and ther data sets and of

the industries in which they tend to cluster, that might make material difference to their

handling of risks, and why? To support your answer, compare cases (which

may be industries or may be companies or organisations) trom at least two ditterent

industries, using sources drawn for the module reading lists, but carry out additional

searches of your own for further sources.