What is the most effective way to identify risks

Assignment Help Management Information Sys

Reference no: EM13749920

1. What is the most effective way to identify risks?

2. What are some important factors when weighing the depth of a formal risk analysis? How would you balance the interruption needed for depth and the need to continue ongoing organizational activity?

3. What should an organization's risk management specialist do with the information once a potential risk has been identified? What information would be needed for senior management to know the danger of each risk and the proper way to handle the risk?

4. How would this specialist properly prioritize these risks to make sure the most important ones were mitigated first?

5. Who is responsible for ensuring that an identified risk is addressed by the organization? What role does the analyst play? What role does senior management play? What roles do the analyst and senior management each play in addressing organizational risks?

Reference no: EM13749920

Questions Cloud

Physical access controls and logical access controls : Compare and contrast physical access controls and logical access controls. Further explain in what ways both physical and logical access controls are related to implementing a security policy

Locate a source of data for the hourly wages : Locate a source of data for the hourly wages that will need to be paid to those who will pour and finish the concrete foundation (the Bureau of Labor Statistics of the United States government is a good source for such information). Be sure to do..

Assuming the preferred stock is cumulative : Nathan's Athletic Apparel has 2,000 shares of 5%, $100 par value preferred stock the company issued at the beginning of 2014. All remaining shares are common stock. The company was not able to pay dividends in 2014, but plans to pay dividends of $22,..

Assets was reported in the consolidated balance sheet : Potter Company acquired 90 percent of the voting common shares of Stately Corporation by issuing bonds with a par value and fair value of $121,500 to Strategy’s existing shareholders. Immediately prior to the acquisition, Potter reported total assets..

What is the most effective way to identify risks : What is the most effective way to identify risks and What are some important factors when weighing the depth of a formal risk analysis

Identify a number of alternative savings : Identify the savings (investment) instruments you use or have used in the past (if you haven't used any, identify those that you are most likely to use). Now, identify a number of alternative savings (investment) instruments that you have not used..

What factor might be influencing psychologist points of view : What factors might be influencing psychologists points of view.

Balance of payments : What is the Balance of Payments (BOP)? Enumerate and describe its subaccounts? How can the central bank (Fed) sterilize the domestic economy from the foreign sector? Why do they do this?

User Account

All Pages