Analysis of Alaska Fly-Fishing Expedition Case Study

Exclusively available on Available only on IvyPanda® Made by Human No AI

Business trips are necessary because they motivate the employees after resumption to work harder and skilfully to achieve the objectives of the business. They are a source of staff morale and boost their production in the coming business periods (Velikorosov et al., 2020). However, companies have to take caution against possible risks that occur during corporate adventures trips. Some of the risks likely to occur during the all-expenses-paid fly-fishing adventures trip in Alaska promoted by the president of BlueNote, Inc. comprise natural calamities, misallocation of time. Other risks that may arise are misappropriation of funds, security and safety risks, and health risks. The firm must compute a plan to prevent these risks and control their adversity in case they occur.

Risk Assessment Form

Risk EventLikelihoodImpactDetection DifficultyWhen
Natural calamities risk2160For the duration of flights and when visiting the rivers
Unbalanced time allocation553When catching the flights and leaving the sites
Misappropriation of funds144Spending on personal leisure
Security and safety risks3165During accommodation at the Dillingham hotel and taking meals
Health risks553During flights and site visitation

Risk Response Matrix

Risk eventResponseContingency planTriggerWho is Responsible
Natural calamities risksMitigate: Call off the adventureRequire employees to travel in separate boatsRiver guides cannot respond effectively to the calamityNature
Unbalanced time allocationMitigate: come up with alternative plansCreate a schedule for every activityEmployee not seen for thirty minutesEric
Misappropriation of fundsRelease the reserve for emergenciesProvide employee with all amenities such as meals, shelterNo enough money for all activities plannedRichard
Security and safety risksMitigate: request the staff to return or evict the premisesAvail staff trackersStaff cannot be tracedMaxwell
Health risksMitigate: Instantly deliver the casualties to a healthcare facilityTrain on first aid measuresLack of positive response after first aidChange in the environment

Reference

Velikorosov, V. V., Filin, S. A., Genkin, E. V., Maksimov, M. I., Krasilnikova, M. A., & Rakauskiyene, O. G. (2020). HR systems as a new method for the automatization of business processes in organization. DEStech Transactions on Social Science, Education and Human Science, (ICPCS). Web.

More related papers Related Essay Examples
Cite This paper
You're welcome to use this sample in your assignment. Be sure to cite it correctly

Reference

IvyPanda. (2023, February 21). Analysis of Alaska Fly-Fishing Expedition. https://ivypanda.com/essays/analysis-of-alaska-fly-fishing-expedition/

Work Cited

"Analysis of Alaska Fly-Fishing Expedition." IvyPanda, 21 Feb. 2023, ivypanda.com/essays/analysis-of-alaska-fly-fishing-expedition/.

References

IvyPanda. (2023) 'Analysis of Alaska Fly-Fishing Expedition'. 21 February.

References

IvyPanda. 2023. "Analysis of Alaska Fly-Fishing Expedition." February 21, 2023. https://ivypanda.com/essays/analysis-of-alaska-fly-fishing-expedition/.

1. IvyPanda. "Analysis of Alaska Fly-Fishing Expedition." February 21, 2023. https://ivypanda.com/essays/analysis-of-alaska-fly-fishing-expedition/.


Bibliography


IvyPanda. "Analysis of Alaska Fly-Fishing Expedition." February 21, 2023. https://ivypanda.com/essays/analysis-of-alaska-fly-fishing-expedition/.

If, for any reason, you believe that this content should not be published on our website, please request its removal.
Updated:
This academic paper example has been carefully picked, checked and refined by our editorial team.
No AI was involved: only quilified experts contributed.
You are free to use it for the following purposes:
  • To find inspiration for your paper and overcome writer’s block
  • As a source of information (ensure proper referencing)
  • As a template for you assignment
1 / 1