Identify a risk management process

Assignment Help Microeconomics
Reference no: EM13743658

Organizations are susceptible to an array of crises. There are different types of threats with no "one way" to manage them. This reality presents multiple business challenges to those in leadership positions. Each manager is responsible for managing risks within their own sphere of operations and area of responsibility. To this end, one must understand that crisis leadership is a process. For this assignment, you are required to identify a business crisis issue that interests you and develop a report.Directions: Address the following in your report:

  • Identify and describe a business crisis situation and the main leaders involved. It could be one that you have experienced or have read about. Be sure to include a discussion of ethical implications.
  • Assess the strengths, weaknesses, opportunities, threats, and industry trends (SWOTT) the company faced while its leaders were managing the crisis. 
  • Assume you are a leader; recommend ways you could ensure that you have a clear view of risks across the organization in regard to the given scenario. 
  • Identify a risk management process you would employ to mitigate risks in regard to the given scenario along with a rationale (utilize contemporary and classical leadership theories in support).
  • Recommend what you would do to ensure the risk management process is working the way you expect in regard to the scenario.
  • Describe ways to identify and manage uncertainties in a complex corporate environment (utilize contemporary and classical leadership theories to support your argument).

Utilize at least three scholarly sources (in addition to your textbook) to complete your research, referencing the sources within the text and at the end in a reference list.

Reference no: EM13743658

Questions Cloud

People working in their own self-interest produce goods : How is it that people working in their own self-interest produce goods, services, and wealth for others. The proven success of job specialization lies in the fact that
Application of the present value of an annuity : An amortized loan is a direct application of the present value of an annuity. The original amount borrowed is the present value of the annuity (PV0), while loan payments are the annuity's cash flows (CFs)
Describe a test to determine whether cats are true-breeding : Now that you are studying the basic laws of Mendelian genetics, it's time to put them to use. Describe a test to determine whether the cats are true-breeding
Interest rates for bonds : Assume interest rates for bonds today is 5% for an AAA rated bond. Calculate the price of the bond you have selected relative to the 5%. Is the bond selling at a premium or a discount? Why? Be sure to show how you arrived at your answer.  What oth..
Identify a risk management process : Identify and describe a business crisis situation and the main leaders involved. It could be one that you have experienced or have read about. Be sure to include a discussion of ethical implications.
Skeletal system have you ever broken a bone : Skeletal System Have you ever broken a bone? After reading this chapter, you should understand how that bone healed! What are the steps in repair of broken bones? How is this process similar (or different) to the normal growth of bone
What is the optimal per unit tax on pollution : What is the total social cost of pollution when the firm considers only its private costs - what is the optimal per unit tax on pollution for this steel factory. Why?
What benefits has the ehr brought to healthcare : You have learned a great deal about the roles and functions of the electronic health record (EHR) in healthcare. What benefits has the EHR brought to healthcare that the paper medical record did not
What are the possible gametes produced by individual ssyy : What are the possible gametes produced by the individual SsYy

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

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