Describe organization approach to risk management

Assignment Help Operation Management
Reference no: EM132114105

Consider an Debt Recovery and Collection Agency company, and think about how the culture and structure of that organization affects its approach to risk management. With these thoughts in mind:

Briefly describe the organizational structure (governance). This should include elements of culture, internal and external stakeholders, and the impact of the role of certain stakeholders on the organization’s risk management approach.

Describe the organization’s approach to risk management.

Describe the advantages and disadvantages of its approach.

Make one or more recommendations on how you would improve its approach.

Reference no: EM132114105

Questions Cloud

What is the competitive advantage of an organization : What is the competitive advantage of an organization that is able to engage a diverse workforce toward meeting company goals?
Business market and consumer market : What are the major differences between a business market and a consumer market?
Critique the current informal quality control system : Critique the current “informal” quality control system.
Relationship between emotion and memory : What is the relationship between emotion and memory? What are your short- and long-term recommendations?
Describe organization approach to risk management : Describe the organization’s approach to risk management. Describe the advantages and disadvantages of its approach.
What are the different dimensions of quality : How is quality measured; and what are the different dimensions of quality?
Discuss the advantages that performing research offers : Discuss the advantages that performing research offers to the decision-maker versus off-the-cuff, or seat-of-the-pants decision making.
How the different compensation levels were determined : You are the human resource manager of a local university, and you have been asked to explain the differences in compensation among instructors.
The goals and objectives section of the business plan : Describe the importance of and the relationship between the goals and objectives section of the business plan.

Reviews

Write a Review

Operation Management Questions & Answers

  A explain the companys supply chain b recognize a process

identify a company with which you are familiar. this could be your place of employment a car wash a yard service

  Risk assessment process

Describe how communication should occur in the risk assessment process and why it is important to the workplace.

  Describe the function of various government ethics commitees

Describe the function of various government ethics commitees. Discuss situational ethics and how one's moral character can change as circumstances change.

  Understand john hollands theory of person-job fit

Make a list of your most-preferred and least-preferred values -  Now compare both the lists to understand John Holland's Theory of Person-Job Fit.

  Employers can take to reduce workplace violence

Describe three tactics employers can take to reduce workplace violence.

  Drive-in facility by reducing waiting and transaction times

First Local Bank would like to improve customer service at its drive-in facility by reducing waiting and transaction times.

  What is productivity

What is productivity and how can an organization improve its productivity?

  Identify and describe a global market

Identify and describe a global market. Analyze pros and cons of entering this specific market.

  Medical intervention be made instead of community referral

Why would a medical intervention be made instead of a community referral?

  Schedulers to accept is idea of visual scheduling

One of the hardest things for schedulers to accept is the idea of visual scheduling, At its basic theory, what is JIT inventory management all about?

  A reliable and time-tested strategic framework

A reliable and time-tested strategic framework can be applied to organization design in determining the overall structure and process.

  Innovation leadership and innovation follower ship

When engaged in strategic management activities, a choice is often made between innovation leadership and innovation follower ship.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd