How would you identify areas of risk that if reduced

Assignment Help Business Management
Reference no: EM132852100

You've been tasked with creating a risk management team at your organization.

Think of this from a corporate perspective.

How would you identify areas of risk that if reduced, would provide value to the organization. Please do not provide specific values.

However, what areas in an organization are high risk? If your organization is small, you can think small. However, if your organization is big, think big.

How would you measure that risk and what information would you provide to the board?

The purpose of this discussion is to get you to understand the priorities of an organization based on the readings throughout the course. This also will provide students the perspective of others based on different job types, experiences, and career backgrounds.

Reference no: EM132852100

Questions Cloud

Explain low pay-performance sensitivity : Jensen and Murphy (1990) found that for every $1,000 change in shareholder wealth, CEO wealth changes $3.25, taking into accounts salary, bonus, stock grants, o
Discuss the different types of equipment : Select one carrier of your choice. choose the Port operations or warehouse operations of your choice, but it must be chosen from the list below:
Section 806 of the sarbanes-oxley act of 2002 : Section 806 of the Sarbanes-Oxley Act of 2002 prohibits retaliation against whistle blowers. What is a whistle blower?
What is an activist shareholder : What is an activist shareholder? Give some examples of activist shareholders that have either attempted or succeeded at a hostile takeover of an organization.
How would you identify areas of risk that if reduced : You've been tasked with creating a risk management team at your organization.
Describe aspects of work roles and responsibilities : Explain the aspects of work roles and responsibilities that should be addressed for performance
Describe the different forecasting methods : Describe the different forecasting methods
Describe the concept of milestone charts : Describe the concept of milestone charts.
What is data-based decision making : -What is data-based decision making? -Describe the different forecasting methods

Reviews

Write a Review

Business Management Questions & Answers

  Differentiate between competitive advantage of a country

Differentiate between competitive advantage of a country and a corporate.- Discuss how this can help a firm to win over competition and grab more market share?

  Expected value of profit

What is the expected value of profit if you make a decision based on the expected value of profit? Indicate your answer, rounded to two decimal places.

  Commit to a flash memory chip quantity for delivery

Zazz expects that demand for chips in July is normally distributed with a mean of 250,000 and a standard deviation of 200,000.

  Best in social responsibility

If a company is named to one of the "best in social responsibility" lists, what positive effects can it potentially reap? What possible costs or negative outcomes may be associated with being named to one of these lists?

  Explain the differences between leaders and managers

Research and discuss the differences between leaders and managers. The requirements below must be met for your paper to be accepted.

  What is the margin of error

What is the margin of error for a 95% confidence and what are the upper limits and lower limits?

  Account a variety of practical matters

A human resources department needs to take into account a variety of practical matters when designing training for an international assignment. What should the department focus its training resources on when preparing employees for overseas assign..

  Decide on a differentiation strategy for execution

What steps should it consider in establishing a unique differentiation from others in its category?

  Best for research in a career such as cybersecurity

What type of sources will work best for research in a career such as Cybersecurity? How can I support my project plan with credible, current, reliable, accurat

  Traditional versus object-oriented design

Compare the object-oriented approach to design to the traditional approach.

  Explanation of business

You have selected to open your own business and Dr. C will give the funds to start your business. Accordingly, Dr. C is interested in specifics about your firm.

  Critical thinking

Find an online article (news, magazine, journal, etc.) of interest that uses statistics to make its conclusion.

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