Home > Free Essays > Business > Risk Management

Risk Management Essay Examples and Topics

Risk Management in an Organic Food Industry

They meet periodically to discuss the impacts of risks and how to mitigate them, so that the impacts on the company is minimum. The Company: The Company in Question is a leading producer and supplier [...]
  • Pages: 5
  • Words: 1344

The Essentials of Risk Management

The importance of risk management for justice and security organizations s explained by the ability of a company to reduce and minimize a possible financial loss and improves its performance.
  • Pages: 4
  • Words: 993

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

Credit Risk Quantifying and Managing

Different seniority bonds are issued by the asset value, for example, 'secured bonds' are issued on the value of the land or building, and in case they are not paid, the bondholder can claim security [...]
  • Pages: 8
  • Words: 2297

Risk Management: Techniques for Covering Risk

The companies match the inflows and outflows in different currencies covered by business, so that it is only necessary to deal on the currency markets for the unmatched proportion of the total transactions.
  • Pages: 10
  • Words: 2980

Risk Management in Organizations.

Very often, effective communication is neglected by agencies in contingency planning.such disasters as 9/11, Hurricane Katrina and Virginia Tech proved that lack of compunction and interaction between the state and community led to negative consequences [...]
  • Pages: 2
  • Words: 585

NIB: Business Opportunities’ Risks

One of the main ways to identify the given risk was through the in-depth analysis of the company's functioning, previous experiences associated with similar firms, and investigation of traditional risks that are related to the [...]
  • Pages: 2
  • Words: 557

Key Risks of Capital Investments

However, a meticulous Probable Maximum Loss Plan seems to be the most effective devoice in addressing the risks associated with capital investment.
  • Pages: 1
  • Words: 301

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

Motivation through Holistic Fitness: A Risk Analysis

Prior to implementing the holistic fitness idea within the organization, it is necessary to conduct a risk analysis of the planned project. Hence, the primary risk of the plan is the resistance of employees to [...]
  • Pages: 2
  • Words: 564

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

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

Risk Assessment Models and Management Circle

It can be defined as a set of practices utilized for the identification, evaluation, and estimation of existing levels of risk peculiar to different situations that emerge during the functioning of organizations, their investigation regarding [...]
  • Pages: 6
  • Words: 1705

Business Insurance: Best Ways to Protect Companies

This category of business insurance is tricky because there is a lack of coverage when it comes to losing information and not all insurance companies agree to take the risk. The list of possible business [...]
  • Pages: 8
  • Words: 1649

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

Car Insurance Charges and Gender and Age Factors

In this regard, the majority of insurance companies prefer that drivers wait until they attain 25 years of age for them to start paying normal adult insurance rates. It is sensible for insurance companies to [...]
  • Pages: 2
  • Words: 584

Business Continuity Planning and Risk Management

The first two, outsourcing and distributive manufacturing, allow the company to distribute the manufacturing or operational efforts to other locations, which is beneficial when it comes to risk management.
  • Pages: 3
  • Words: 889

Project Monitoring & Control and Risk Assessment

Particularly, the risk of failing to obtain the required amount of oil to cover the expenses taken deserves to be mentioned; however, the specified threat also entails other risks, such as the threat of significant [...]
  • Pages: 2
  • Words: 680

Risk and Treasury Management in Company

In addition to that, the independent state of the middle office would contribute significantly to the transparency which CFO and the Treasurer both want to achieve.
  • Pages: 1
  • Words: 291

Business of Selling Furniture: Risk Factors

Therefore, the perceptive knowledge of the European and Asian economy, strengthening the flow of cash, and avoiding bad debts are the ways to trading risk mitigation for the home company.
  • Pages: 4
  • Words: 1201

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

Crisis Plan: Potential Defenses

This is also very damaging if it reaches the public and we are all aware some of our employees will be happy to testify and help the company to sink further.
  • Pages: 6
  • Words: 1690

Risk Management in the Construction Industry

The paper evaluates the appropriateness of several theories in the management of risks and uncertainties in construction in addition to the process of modeling the chosen risk factors using the new framework.
  • Pages: 14
  • Words: 4373

Contingency Plans Established by Companies

Some call it "plan B," but there are a number of scenarios stated below, which are in the form of questions that can be used to prepare contingency plans. If targets are not met, what [...]
  • Pages: 1
  • Words: 202

Risk and Internal Data Management

This system will ensure that the response to the disaster or incident and that communication of the information to the relevant stakeholders is done simultaneously.
  • Pages: 5
  • Words: 1416

Fire and Rescue Services’ Change Management Strategy

The above-identified objectives are premised on the necessity to define the risk in accordance with the achievements of the personal and strategic goals of local organizations to evaluate the outcomes and implications for implementing the [...]
  • Pages: 4
  • Words: 1137

Exploring Strategic Risk

It is possible to argue that the introduction of disruptive technologies can be viewed as one of the main strategic risks faced by modern companies.
  • Pages: 6
  • Words: 555

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

Tesco Accounting Scandal: Risk Management

The case of Tesco accounting scandal will be addressed from the perspectives of policy, identification, measurement, analysis, decision, implementation, and feedback to describe strategies aimed at ensuring more effective management of the risk of fraud [...]
  • Pages: 14
  • Words: 2792

Role of Risk Assessment

That is, it should be decided whether the probability of occurrence of a risk or the severity of its impact takes priority when assessing the level of the risk.
  • Pages: 3
  • Words: 932

Risk Management in Chinese Business

Since the Yuan is no longer pegged to the US dollar, the fluctuations of the exchange rate have highly affected the GDP of the country.
  • Pages: 4
  • Words: 1112

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

Handling of Unknown Unknowns in Risk Management

One of the good examples of the unknown unknowns is the 2014 plane crash in Brazil which killed one of the most probable presidential election winners of the time Eduardo Campos.
  • Pages: 20
  • Words: 5848

Ethical Issues: Risk Tolerance

It might be possible to state that when it comes to issues related to risk tolerance, the ethical dimension of these issues is similar to other their dimensions in some ways, but different in others.
  • Pages: 3
  • Words: 922

Risk Assessment Process in Five Steps

Risk is measured by considering the potential amount of loss and the probability of the loss occurring."Risk can be assessed either quantitatively or qualitatively."If both the probability and severity can be quantified, the risk is [...]
  • Pages: 2
  • Words: 565

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

Risk in Banking Internal Control System

The internal control system in banking refers to one that largely identifies the effectiveness of the organization and minimizes the risks associated with the bank's reputation and compliance to the mission.
  • Pages: 2
  • Words: 595

Risk Identification and Control in Organizations

Further, the importance of risk management and control identification for the organization is explained, and it is stressed that defining, prioritizing, and addressing risks, along with properly classifying the instruments needed for effective risk management [...]
  • Pages: 5
  • Words: 1409

All Star Company’s Risk Management

As for the risks connected to the political situation in the country, it is known that the government tends to accept ideas proposed by the business leaders of the country.
  • Pages: 5
  • Words: 1442

Lifting Equation in Ergonomics Risk Assessment

Measuring and recording task variables, which include the horizontal distance at the origin of the lift and the horizontal distance at the destination, the height of the lift origins and the height of the lift [...]
  • Pages: 3
  • Words: 850

Sharjah City’s Efficient Management Framework

The fact is that the tendency towards the increased number of visitors and residents introduces the necessity of the outstanding performance of every object of infrastructure to guarantee that the basic needs of the majority [...]
  • Pages: 10
  • Words: 2839

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

Telecommunication Company Orange: Risks Analysis

The investors should not panic as the change was small, and the management undertook various business decisions that would contribute positively to the growth of its business in the coming periods.
  • Pages: 4
  • Words: 1117

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

Identifying and Managing Project Risk

That is why the risks of this project are connected to the high variability of the project and the implementation of change that makes it difficult to evaluate the potential response of all the parties [...]
  • Pages: 4
  • Words: 1099

Executive Pay and the Credit Crisis of 2008

Stock and equity options presented to the bankers, for example, guaranteed that if the market value of a company dramatically dropped, an identical outcome would be witnessed in the salary of senior management. The committees [...]
  • Pages: 4
  • Words: 1128

Risk Management Approaches by Yen Chong

He contends that financial damage that sometimes amounts to hundreds of millions of dollars could be ascribed to the inability of institutional monitoring systems to control the inadequate behavior of senior executives.
  • Pages: 2
  • Words: 587

Remote Deposit Capture Project’s Risk Plan

Gauging the idea of possible risks the project may suffer involves brainstorming of the scenario of the project's implementation. Based on brainstorming, the lists of possible risks to the project are compiled.
  • Pages: 3
  • Words: 907

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

Risk, Insurance, and Third-Party Administrators

The purpose of this paper is to discuss the term 'risk' and associated insurances, focus on the concepts of the 'third party administrator' and areinsurance,' and report on the financial results of the major insurance [...]
  • Pages: 4
  • Words: 1163

Operational Risk Within Lloyd’s Insurance Market

The article entitled, Operational Risk within an Insurance Market reflected the ideas of Manning and Gurney when it comes to the development and implementation of risk management within Lloyd's insurance market. The article's objective is [...]
  • Pages: 5
  • Words: 1408

Homeland Security’s Risk Management Approaches

The task of risk management, which incorporates the assessment and prevention of internal and external threats to the nation's well-being, therefore, requires the ability to incorporate both traditional and innovative approaches.
  • Pages: 4
  • Words: 1129

Disaster Recovery Plans in Business

In addition to these teams, a technical support team that will be responsible for voice, data, and network connectivity for the business recovery will also be mobilized. This team will help in the recovery of [...]
  • Pages: 4
  • Words: 1135

Risky Business: Students and Smartphones

The study builds upon the previous research, and it is made visible in the introduction where the authors referred to the findings of many different studies concerning the issues or mobile security, their prevalence, the [...]
  • Pages: 2
  • Words: 610

The NovySmichov Store’s Risk Management

They may choose to write a complaint against the store for the injuries sustained in the workplace. For instance, the customers are likely to sue the store for harm or injuries sustained from the use [...]
  • Pages: 4
  • Words: 1161

Complex Mechanism of Organizational Security

Consequently, in the context of these questions, it is critical to determine the correlation of the quality of the decision-making with the various threats, prudent purchasing decisions, and the security operations of other departments.
  • Pages: 4
  • Words: 1027

Supply Chain Risk Management: Bayesian Network

Sharma and Sharma, as well as Lockamy, consider the use of the Bayesian network as the means of mitigating risks in the supply chain by improving the information management strategies and addressing the communication issue.
  • Pages: 6
  • Words: 1826

Enterprise Security Risk Management

Industry-led and government-run regulatory bodies and sponsors have started to overhaul the establishments' policies to the extent that the companies' BODs are demanded to make reports and reviews on the consistency of enterprise risk management [...]
  • Pages: 10
  • Words: 643

New Zealand and Somalia: Risk Comparison

Information is readily available, the country is transparent to the international standards, and institutional risk is low because of limited corruption and red tapes.
  • Pages: 5
  • Words: 1384

Conditions for Becoming a Strong Competitive Force

Particularly, the identification and the further development of a unique competitive advantage, the creation of a strong and efficient risk management approach, and the introduction of a cost-efficient strategy of resources management must be viewed [...]
  • Pages: 2
  • Words: 605

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

Business Continuity Management Plan

The chief responsibilities counting the power to appeal, the commands following the supplications and a thorough communications strategy has to be contained within the plan in order to guarantee the effectual recommencement of processes.
  • Pages: 3
  • Words: 847

Recovery Time Objectives and Longevity Issues

One of the main challenges in establishing the Recovery Time Objective is the fact that there may be unprecedented threats or crises that can lead to a disruption of the business process.
  • Pages: 3
  • Words: 829

Business Impact Analysis: Features and Procedures

This paper aims at discussing the role of the BIA in supporting the BCM activities, the features of the BIA in relation to different industries, the BIA updating procedures, and the possible errors associated with [...]
  • Pages: 3
  • Words: 846

Cistern Security Systems’ Risk Management

The staff could not complete the task and the company had to hire staff from other firms, besides, the project was delayed and CSS had to pay a hefty fine as per the agreement.
  • Pages: 8
  • Words: 2335

Wildlife Forensic DNA Laboratory and Its Risks

The mission of the Wildlife Forensic DNA Laboratory is to provide evidence to governmental and non-governmental organizations to ensure the protection of the wildlife in the country.
  • Pages: 3
  • Words: 815

Qualitative and Quantitative Risk Assessment

One of the major goals and benefits of the approach is the possibility to prioritize risks. Controls are procedures that minimize the probability of transitioning through the entire chain of the risk event aimed at [...]
  • Pages: 3
  • Words: 832

Wildfire Forensic Company’s Risk Assessment

To assess the risk of Wildfire Forensic, it seems appropriate to define it. Assessing the risk of Wildfire Forensic, it is important to establish the levels of disruption resource unavailability.
  • Pages: 3
  • Words: 403

Cybersecurity and Risk Control Implementation

The first component of the risk treatment framework refers to the decision not to go through with the procedures that may present a risk; the second one stands for the minimization of the possibility of [...]
  • Pages: 3
  • Words: 784

The Equal Allocation of Risks in Public Contracts

4 Because of a range of professional standards present in the FIDIC contracts, the World Bank has now proposed to only fund the international projects that adhere to the standards of the FIDIC contracts.
  • Pages: 7
  • Words: 1908

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

Resiliency Approach in Risk Management

In the present case, it appears that the company is equally vulnerable to both internal and external threats. Since the company does not always have the resources and the expertise necessary to address the threats [...]
  • Pages: 3
  • Words: 829

Business Continuity Planning and Its Elements

Firstly, the vulnerability is the drawback of the information system or other aspects, which can be utilized by the competitors by posing threat to the organization and be related to the dependency on the external [...]
  • Pages: 3
  • Words: 886

Knowledge Loss Risk Management Model

The authors argue that each project should successfully lead to the next project, but this is not possible when the risk of knowledge loss is not addressed.
  • Pages: 7
  • Words: 1926

Risk and Project Financing Decisions

Despite the fact that the real estate related option poses quite a tangible threat to the future of the company in general, as it presuppose acquiring a zero income in the worst case scenario, the [...]
  • Pages: 2
  • Words: 615

Risk Monitoring and Control Actions

The experience got in the course helps to realize that the main challenges of risk monitoring and control can be time, lack of attention and inabilities to forecast the events.
  • Pages: 2
  • Words: 569

Risk Management: Implementation and Opportunities

In the resurfacing an old driveway with new asphalt project, the following success factors can help to extend the boundaries of the improvement process and achieve better results in the implementation stage of the work: [...]
  • Pages: 5
  • Words: 1394

Hot Pot House Restaurant Risk Management

One of the measures taken is to reinvest some of the profits made in the high seasons to the emergency fund such that the company is able to remain afloat on its own during when [...]
  • Pages: 3
  • Words: 843

Risk Management: Definition and Aspects

Risk management is the type of approach that helps managers in different organizations to identify, assess, and prioritize risks. Probabilistic risk assessment is a well-structured method that is used in the logical analysis to help [...]
  • Pages: 2
  • Words: 672