Risk management option for each of the five threats

Assignment Help Operation Management
Reference no: EM132745787

Scenario: You are the security manager for a 500 employee chemical plant in southern Florida. The CEO has asked for you to diversify risk management for the company by transferring risk, accepting risk, and mitigating risk for the following threats:

Sabotage

Internal Theft

Bomb Threats

Espiionage

Write a risk management plan, recommending at least one risk management option for each of the five threats.

Justify why the risk management option is the best choice for each threat and explain why the combination chosen will provide the best return on investment for the company.

Reference no: EM132745787

Questions Cloud

How much to paid if customer pays before due at list price : List price and another cash discount of 5% if paid in full before the due date. How much is to be paid if a customer pays before due at a list price of P16,000?
Organization and ultimately overall productivity levels : Analyze the impact on overall morale, relationships within the organization and ultimately overall productivity levels.
Examine the development of management theories : Examine the development of management theories, including how these theories reflected the changing business environment.
What def co would report net sale revenue on statement : XYZ Company sold10 units f goods with a unit list price of P 2,000 on January 1, 2020, what is the actual amount he needs to pay?
Risk management option for each of the five threats : Write a risk management plan, recommending at least one risk management option for each of the five threats.
Compute return on net operating assets : Compute return on net operating assets (RNOA). Analyze the disaggregation of return on common equity. What is the "leverage advantage (in percent return).
Which the sales account should include : In a merchandising operation, the Sales account should include? sales of both merchandise and other assets of the business. / only cash sales of merchandise
Internal strengths are related to resources and capabilities : Internal strengths are related to resources and capabilities that effectively and efficiently allow an organization to accomplish its stated mission
Prepare the journal entries that should be recorded : Fall Corporation, in preparation of its December 31, 2018, financial statements, is attempting to determine the proper accounting treatment for each.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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