Risk Management Essay Examples and Topics

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321 samples

Risk Management Essay

By complying with the rules and regulations of the organization, the management ensures that it avoids the risks of penalties related to legal systems of a country.
  • 1.8
  • Pages: 10
  • Words: 3140

Amazon Company’s Risk-Management Strategy

The service discussed in the present paper is the retail platform used by the company to compete in the e-commerce business. It should be expanded and moderated in the future to maximize cyber security at [...]
  • Pages: 7
  • Words: 2197

The United Arab Emirates’ Risks: PESTLE Analysis

The analysis is aimed at informing Nestle's decision on the manufacturing and sale of its bottled water product in the UAE. The geographical location of the UAE exposes it to heightened terrorism risks.
  • Pages: 6
  • Words: 1641

Mars Company: Enterprise Risk Management

Risks and losses remain one of the factors that are inextricably connected with business, and it is extremely important for specialists working for large companies to be able to minimize the negative impact of these [...]
  • Pages: 20
  • Words: 5520

Impact of Risk on Project Cost Management

The literature on project management typically utilizes a definition given in the PMBOK guide, according to which risk is an uncertain event or condition that has the potential to impact some of the elements of [...]
  • Pages: 11
  • Words: 3130

Safety and risk management

Management has to demonstrate their commitment to safety measures in order to attain the objectives of the safety procedures. Management has to demonstrate their commitment to safety measures in order to attain the objectives of [...]
  • 2.5
  • Pages: 9
  • Words: 2466

Project Risk Management

First, it would be the assessment of whether the risk will actually occur and second, the holistic impact that it would accrue to the whole project.
  • Pages: 12
  • Words: 3423

Hilton Hotel’s Strategic Risk Plan

Thus, the threat generates the necessity to make a decision in the conditions of insufficient information and in the situation of uncertainty.
  • Pages: 20
  • Words: 5541

Meriton Suites: The Risk Management

The business's name is Meriton Suites, and it is located in Australia, with the headquarters in Sydney; the business type is privately held.
  • Pages: 6
  • Words: 2210

Risk Management in Construction Projects

In terms of risk management, a risk plan created at the planning phase of a project helps in further identifying risks and developing a plan to mitigate them.
  • Pages: 19
  • Words: 5341

Fire Safety Strategy for Burj Khalifa

It can be seen that the focus on elevators is an important aspect in such context, where All of those factors and concerns considered in the of fire safety strategy for Burj Khalifa, the tallest [...]
  • Pages: 2
  • Words: 563

Risk Management and Commercial Property Insurance

In the quest to understand risk management and commercial property insurance, one should understand the risks in society, the relationship between risk and insurance, risk management tools, and the legal principles of risk and insurance [...]
  • Pages: 8
  • Words: 2229

Rolls-Royce Company’s Financial and Risk Management

For this reason, the in-depth investigation of the company regarding the financial management approach could help to understand the peculiarities of the market and the way companies organize their functioning.
  • Pages: 8
  • Words: 2205

Security and Loss Prevention Plan

The security plan worksheet will cover the outline of company procedures to be followed and a checklist for a preliminary security audit.
  • Pages: 10
  • Words: 2824

Villaggio Mall’s Risk Assessment

The concept of risk assessment seeks to identify possible hazards and define the level of threat and vulnerability of a specific location or enterprise.
  • Pages: 12
  • Words: 1644

Enterprise Risk Management (ERM): Overview

It involves the identification of internal and external factors that lead to the success or failure of the business. According to COSO, enterprise risk management focuses on the determination of threats and opportunities to ensure [...]
  • Pages: 4
  • Words: 1150

Fraud in Business and Risk Management

Although the executives of the company want to believe that the workers are loyal and aim to accomplish the objectives of the company and reach not only personal success but also the prosperity of the [...]
  • Pages: 4
  • Words: 1114

Dealing with Risk and Uncertainty in Business

The client information enables Facebook to connect the customer with other profiles based on the data given by the user. Over the years, Facebook has received a backlash from various stakeholders in regard to its [...]
  • Pages: 6
  • Words: 1672

1989 Hillsborough Stadium Disaster’s Risk Assessment

Failure to analyze and approximate the risk before opening the gate led to a stampede. The assumption analysis technique of risk identification can recognize and prevent all the risks from occurring in the future.
  • Pages: 2
  • Words: 502

Diversification Strategies in Business

The dictionary meanings of the diversification are "to give variety to, or to vary" or "to extend business activities into disparate fields," or "to distribute investments in order to average the risk of loss".
  • Pages: 9
  • Words: 2356

Risk Management in Business Organisations

Risk assessment and risk Management are very important area of business organisation to reduce the uncertainty of risk. Risk management is a process that involves identifying, analysing, evaluating and treating of risk in an organization.
  • Pages: 15
  • Words: 3445

Risk Management in Project Management

One of the options used to tackle the risk is to avert it. The other thing is for the project manager to come up with a specific plan on how to handle the risk.
  • Pages: 2
  • Words: 579

Managing Risks in Oil and Gas Companies

In the oil and gas industry, some companies that show interest are likely to invest in any part of the world where the oil and gas field has a sheer disregard of the political climate [...]
  • Pages: 15
  • Words: 4207

KFC Restaurant Project Plan

The management of the KFC restaurant was interested in having a new system that would enhance the communication between different stakeholders in the company.
  • Pages: 2
  • Words: 666

Crisis Management Models for Risk Assessment

To assess the relative risk of each of the risk events, the assessment tool quantified the probability of occurrence, impact on students, impact on staff, impact on learning, the preparedness of the institution, and the [...]
  • Pages: 4
  • Words: 1224

New Juice Bar’s Risk Assessment in Boston

Due to the challenges associated with the production quality and the durability of the raw materials, it is necessary to focus on the risks related to quality and technical requirements.
  • Pages: 2
  • Words: 657

Volkswagen Company’s Risk-Return Trade-Offs

The analysis of absolute changes in the stock prices of the company demonstrates that it was highly volatile during the past year. In particular, the minimum price of Volkswagen's stock was $154.
  • Pages: 3
  • Words: 819

Insurance in Developing Social Responsibility

Though insurance is all about covering and managing risks, the contribution of the collective and obligatory social insurance systems towards developing social responsibility on every individual of a society is not only built up to [...]
  • Pages: 7
  • Words: 2029

Coventry’s Railway Station Risk Factors Analysis

The major risks associated with the project are the lack of qualified personnel, unclear passenger flow, inappropriate layout of the facility in some spots, disapproval of the existing network changes, and the inefficacy of communication [...]
  • Pages: 3
  • Words: 823

The Relative Importance of Management Fraud Risk Factors

Therefore, the main research question that the study was aimed at answering might be formulated as follows: "According to the opinions of practicing auditors, what is the relative importance of the 25 risk factors of [...]
  • Pages: 5
  • Words: 1444

Pizza Business’ Risk and Management Structure

Table 1 given below shows a summary of the risks identified in the planned pizza business, the possibility of the risks occurring, and the overall impact they may have on the business.
  • Pages: 2
  • Words: 702

Risk Management in Sydney IVF: Stem Cell Research

Robert Jansen is the CEO of the company and holds the ultimate position in the decision-making process. The use of the model allowed Jansen to develop appropriate protocols and procedures to manage different levels of [...]
  • Pages: 1
  • Words: 360

Risk Assessment and Management in Daily Life

Risk assessment is an important part of the management of an organization and considers possible accidents in terms of the probability and resilience of the organization.
  • Pages: 3
  • Words: 949

The Sydney IVF Organization’s Risk Management

The essay explains the risks outlined in the case and provides strategies adopted by the company to manage these risks. Ethical implications are one of the risks associated with using human embryos for stem cell [...]
  • Pages: 1
  • Words: 373

Effective Emergency Management Protocols

Interagency between NIMS and ICS assures that involved agencies' protocols connect to the four phases of emergency management to have effective interagency communication and collaboration during critical events. The primary responsibility of the Command during [...]
  • Pages: 3
  • Words: 961

AT&T Inc. Navigating Financial Risks

The AT&T Company provides television and voice services to millions of people in the United States. The AT&T Company's bottom line is also vulnerable to debt capital risk.
  • Pages: 2
  • Words: 573

Internal Control Weakness: Memorandum

Despite the trust in the employee performing these duties, the risk to the audit and the company's assets still increases if there is no separation of responsibilities.
  • Pages: 2
  • Words: 558

EarthWear Clothiers: Audit Risks

Due to the comparatively low experience in the global market, EarthWear Clothiers is likely to encounter the specified risk in the nearest future.
  • Pages: 1
  • Words: 410

Providence Healthcare Risks Analysis

For the organization to retain its reputation, financial performance, and competitiveness in the healthcare sector, it is necessary to successfully manage and minimize these risks.
  • Pages: 3
  • Words: 874

Risk Management Plan in Healthcare

Therefore, the risk management plan provides a solution regarding the rescheduling of work duties and hours among the practitioners and the introduction of a mandatory therapeutic framework for the counterparts.
  • Pages: 4
  • Words: 1141

Risk Mitigation Strategies in Latin American Market

In a business situation, the executive management will face a series of problems in the region the organization operates. Energy is also a significant issue due to the mismanagement and disinvestment in the country's fossil [...]
  • Pages: 10
  • Words: 2896

The Challenger Tragedy and Failed Risk Management

The tragedy could have been avoided if a risk assessment had been conducted before the launch in accordance with all regulations, with a clear explanation of the consequences to those who made the decision.
  • Pages: 2
  • Words: 635

Effective Risk Management in Healthcare

Improvement in health resources and the diversity of inherent risks have rendered risk management a notion of central importance. In addition to addressing financial problems, effective risk management assumes a fundamental role in response to [...]
  • Pages: 1
  • Words: 310

Aspects of the Risk Management: Case Study

The first point in risk management is to evaluate the current situation and identify the people who are not in imminent danger. In the case of any emergency, first responders have access to risk management, [...]
  • Pages: 2
  • Words: 644

The Cisco Supply Chain Risk Management

The Cisco supply chain risk management case offers three valuable insights into; the influence of the management, the interplay between the management and the organizational processes and the awareness and the capability of the management [...]
  • Pages: 2
  • Words: 557

The Cocoa Supply Chain Risk Management

The network of organizations involved in various processes and activities that produce value in the form of goods and services in customers' hands is referred to in this research as the supply chain.
  • Pages: 1
  • Words: 390

Causes of Musculoskeletal Disorders at Work

Organizational intervention strategies, which cover a wide variety of measurements connected to the organizational structure, are one of the tactics that can be employed to identify processes that have the potential to cause or aggravate [...]
  • Pages: 2
  • Words: 555

Risk-Control Strategies Against Workplace Injuries

Manual handling and hierarchy of control establish a standardized and secure method for moving and lifting objects in the workplace. Eliminating and substituting manual work lower the risk of injuries in a warehouse.
  • Pages: 2
  • Words: 663

The Hazard Communication Plan in the Dental Practice

The Hazard Communication Plan for the Smiles for Tomorrow Dentistry establishes that the hazard communication plan in question aligns with the California state requirements and incorporates the core guidelines on managing hazardous substances in the [...]
  • Pages: 1
  • Words: 287

Hypothetical Threats to Communications Sector

To preserve the lives of the populace, the sector is working on solutions that will aid in controlling the spread of diseases and provide ethical public protocols to be followed during pandemics.
  • Pages: 6
  • Words: 1650

The Solvay Green River Mine Risk Assessment

The risk assessment was conducted by identifying the key risk factors with the use of PESTLE. It is important to note that the given qualitative risk assessment will be based on the definition of risk [...]
  • Pages: 9
  • Words: 2231

Philip Morris Inc.: Competition and Potential Risks

The main objective of Philip Morris is to limit the harmful impacts of smoke on the environment and people. Imperial Brands Plc.is a worldwide consumer company, and it is among the largest tobacco organization in [...]
  • Pages: 12
  • Words: 3618

Asset-Based Risk Assessment and Control

The goal of asset classification and recognition is to obtain all needed details of an organization's assets in advance so that they might be used to respond to a risk impacting that asset.
  • Pages: 6
  • Words: 1754

Currency Risk and Hedging Strategies

When considering the problems of financial risk exposure in the context of a different country, translation exposure risks are typically seen as the most prominent ones.
  • Pages: 1
  • Words: 308

Risk Management & Business Operations in Galveston

Galveston appears to be in danger of experiencing disasters and hindering the organization's operations. The case would need to be brought up to a more powerful level of management, and responsible parties would involve the [...]
  • Pages: 1
  • Words: 358

Capra Tek: The Risk Management

The quantitative risk analysis involved in developing a personal security device includes a tabulation of the risk register through risk identification, risk planning, assessment, and evaluation of the risks to provide recommendations.
  • Pages: 5
  • Words: 1670

A Mars Rover’s Risk Management

The risk of a high obstacle, dictated by the motor's power, can put the rover into an endless loop of attempts to climb to the surface, as a result of which fuel resources may run [...]
  • Pages: 2
  • Words: 661

Pounds of Trouble Regarding Exchange Rate Variances

While the increase in the number of conference attendees from 1220 to 1234 caused an 812 increase in the final actual dinner cost, the difference in the exchange rates primarily contributed to the budgeting problems.
  • Pages: 2
  • Words: 665

Value at Risk: Advantages and Disadvantages

Individual risk is used to explain the amount of risk held in a portfolio of a single trader. A disadvantage of VaR is that the risk it measures might not include the likelihood of a [...]
  • Pages: 1
  • Words: 383

Analysts, Securities Firms, and Conflicts of Interest

Due to the multitasking of managers and owners of any organization, the conflict of interest may increase. Managers do not have to mix the departments in the middle of a problem solution as both might [...]
  • Pages: 2
  • Words: 575

Risk Management in a Technology Company: Huawei

Risk is the likelihood of an organization or business not meeting its projected outcome due to the probable impacts of the incidents. Risk is a subset of uncertainty, but risk and uncertainty are not the [...]
  • Pages: 9
  • Words: 3117

The Tata Motors Firm’s Risk Management

It is significant to emphasize that the risk assessment will assist the company in evaluating what threats may arise in the future and how they will affect the organization's operations.
  • Pages: 1
  • Words: 298

MasterCard Company’s Risk Assessments

Performing risk assessments on a regular basis allows an organization to stay abreast of emerging threats and make informed decisions about when and where to implement relief controls in the event of a change in [...]
  • Pages: 2
  • Words: 596

Analysis of Disaster Risk Reduction

Lastly, the cyclone will cause a threat to the financial stability of Southeast Texas owing to the resultant inadequate risk transfer and risk financing.
  • Pages: 4
  • Words: 1214

Warehouse Risk Management: Pharma Insurance

In this regard, it is necessary to find a balance that excludes safety risks, risks of the human factor and does not increase the risks of too vigilant control to the detriment of the main [...]
  • Pages: 2
  • Words: 678

Risk Assessment Options

One strategy to lessen the risks involved with taking part in the global sports ministry is having diverse knowledge of all the customs and cultures of the potential host country.
  • Pages: 2
  • Words: 566

Aspects of Risk Management

The article on risk management in the fashion industry with the assessment of existing and emerging threats related to supply chains is relevant to the discussion of challenges of global production.
  • Pages: 2
  • Words: 617

Data Breach Management for an External Audience

The relevance of the topic of the following White Paper is determined by the aggravation of information security problems in the context of the intensive improvement of technologies and data protection tools.
  • Pages: 5
  • Words: 1518

Airport Safety and Security Report

Suggest improvement measures based on the obtained information and identify During the accident, the airport had major security issues concerning the maneuvering area, the lighting, and the layout.
  • Pages: 8
  • Words: 2283

The Risk and Credit Management

Such utility is not limited to the field of consumer buying but is also involved in mercantile transactions and lending.[2] Little Interest in Credit Work The notions that "sellers give credit," that credit service is [...]
  • Pages: 3
  • Words: 4392

Managing Natural Hazards in the Anthropocene

Such disastrous events affect the economy of a country, and the health of the people and lead to social and political impacts which significantly harm the global population affected.
  • Pages: 8
  • Words: 2341

Risk Management Plan for Aramex

Even though it is based in the United Arabs Emirates, the strategic positioning of Aramex in the Gulf Cooperation Council has provided a platform for it to effectively provide logistics solutions to both regional and [...]
  • Pages: 7
  • Words: 2062

Blizzard, IKEA and Huawei: Risks and Solutions

The paper discusses Blizzard, IKEA and Huawei companies, and exploring the possible sources of political risk for each of firms, given the countries in which they have a presence.
  • Pages: 6
  • Words: 456
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