Risks Course Works Samples For Students

Categories of Risks in Supply Chains and the Common Management Tactics

The blooming demand of goods with very short life cycles, the increased global competition in the market, and the increased customer expectations, become some of the major factors that continuously compel businesses to increase their investments and concentration towards their supply chains. Additionally, supply chains depict a continued growth in the recent past, due to the increased need to satisfy the heightened demand of goods in the global markets. Often, complexities commonly found in integrated supply chains form the major reason as to why their smooth control becomes difficult due to reduced visibility into the process. Consequently, the supply ...

Introduction

In a classic financial world as predicted by Modigliani and Miller (M&M), the risk management should be irrelevant. When there are no information asymmetries, taxes or transaction cost involved, hedging will not add any value to a firm because shareholders or companies can diversify their portfolio in such a way that their overall risk will be totally hedged (Lin and Chang 2006). However, the real world is far from the Modigliani and Miller model. In practice, we see imperfections in the financial market. This imperfection may actually create a rationale to reduce the volatility of earnings for a firm through hedging.

Many empirical ...

Introduction

Risks refer to the chances of an event to take place due to a given action taken by an individual or an organization. The action taken normally has a possibility of yielding into a negative or positive result. Thus, an individual or organization needs to have adequate knowledge on the possible outcome before involving in an activity since this will affect an organization’s movement. Risk management likewise refers to the systematic selection of cost effective methods for the sake of limiting the effect of threat to an organization. It is impossible to avoid the effects of risks fully in an organization, ...

Assignment 1: Weeks learning objective

The topic for this week was risk management. The coverage of this topic was based on three objectives i.e.

In order to ensure the achievement of proper coverage of the risk management topic, we were given a few steps that should be followed during the entire risk management process. The first step that should be followed when carrying out risk management is to come up with a risk management plan. This step is important since it involves the formulation of the strategy that will be followed during the entire risk management process.

After the formulation of the risk management plan, we ...

Technological platforms should be systems created with accurate systems well defined to perform given tasks. The success of any system should be based on excellent protection from attacks from within and outside the company. However, despite the protection that the managers may try to instill to the company, there would be chances for more attack to the system. Therefore, there are exclusive needs to protect the system of an organization from excessive malicious attack. There is need for considering all necessary measures that could be useful in protecting the systems. All possible techniques need to be pursued. Every form ...

Financial risk of an enterprise can be defined as the probability of adverse financial consequences in the form of loss of income and capital under uncertainty conditions for its financial activity. Financial risks have a great variety and for the implementation of effective management are classified by several main features that will be considered below.
Financial risks arises in the process of enterprise relationships with financial institutions (banks, financial, investment, insurance companies, stock exchanges and others). Causes of the financial risk are inflation factors, the growth of bank interest rates, reduction of the value of securities and others.

Financial risks are roughly divided into two types:

1) ...

Risk Management

Risk management is the process of identification, analysis, and mitigation of the investment decision-making uncertainty. The risk management happens anytime the investors or fund managers analyze and attempt to count the potential for losses in investments and do the proper action with the risk tolerance and investment objectives. If there is an inadequate risk management then it results to severe consequences both the companies and the individuals. Risk management determines the existing risks in the investments and handles the risks appropriately with the sets of objectives. In addition, risk management is concerned with the preservation of the assets and ...

Introduction

There has been an increased incidence of patients treated with congestive heart failure. The debate concerning the cardiovascular safety was started in 2007 when an analysis concerning risks associated with myocardial infarction was done. This debate has been going on since then, and recently the report from the US Senate Committee on Finance has provided more details about the analysis (Nissen, & Wolski 2010). Rosiglitazone is manufactured by the US pharmaceutical Company GlaxoSmithKline (GSK). This is a drug works as insulin through binding the peroxisome proliferator-activated receptors (PPAR) in fat cells thus making them respond more to insulin. Rosiglitazone is ...

Executive Summary

The British Broadcasting Corporation (BBC) Digital Media Initiative (DMI) was terminated in the year 2013 because of lack of progress and many problems. The National Audit Office reported that the project had failed because there was no adequate planning, and there was confusion in the objectives and governance of the project. This report introduces the story of BBC and its failure in the DMI Project. The background of the BBC DMI project is explained as well as the reasons why the project failed. The report explains the importance of project management, and evaluates the major areas of project management ...

Introduction

Auditing is a crucial aspect of the business in seeking to ensure that business standards and procedures are followed for the purpose of enhancing business continuity and performance management. In that view, auditing could take different approaches and entails considering several factors that play a crucial role in determining a business going concern capacity. In that respect, this analysis seeks to demonstrate an external audit’s operation by analyzing Carpetright financial reports for the year 2012-2013. To begin with, the analysis provides an explanation of the risk based external audit approach in addition to identifying the factors that may lead the auditor ...

Question 1

Management planning is a process of identifying, classifying and analyzing, implementing and reviewing the set objectives and goals of the organization in a given period of time. Planning is a continuous process with its achievements obtained after a specified period of time has elapsed. Management planning is concerned with the future causes of actions by examining causes as well as effects of current decisions made to the future plans. Managers plan in order to take advantage of opportunities and strengths available in achieving their management goals as their organizational function. Management planning is a systematic process that involves predetermined steps that give the structure ...

Purpose of project: To implement a Content Management System solution that will enable a Midwestern City with a population of 25,000 to create and maintain an Internet as well as an Intranet site.
Criteria for Success: Midwestern City has a population of 25,000. The City aims to build an online facility that will be able easily accessible by all members of the city and fully meet their online needs before the end of year 2011. Besides that, MC needs to have a system that the management can easily maintain and manage, as well as update information on the Internet and Intranet ...

Political risk refers to those risks that host countries make pertaining political decisions that will affect the profits and goals of a multinational corporation. This kind of risk can be managed and understood with sensible forethought. Government relationships are whereby the government creates relations with other countries through doing business and also investment that improves the country’s economy. It will be talking about how multinational corporations face challenges in different countries specifically in Russia, China and Japan and how they manage those risks. The United States would face risks like terrorism that is a very threatening scenario. Terrorism is the ...

Qualitative and quantitative risk analysis are two crucial processes in risk management, itself an indispensable part of project management. This necessitates knowledge into the differences between qualitative and quantitative risk analysis, their applications, and determination of which one is most appropriate for the present IRTC project.

Differences between Qualitative and Quantitative Risk Analysis

In terms of conceptual difference, qualitative risk analysis prioritizes identified risks through assigning the probability or likelihood of taking place, and impact on the project should the risk occur. As a result, the project manager uses a probability and impact matrix (PIM) tool to undertake qualitative risk analysis (PMBOK, 2013). The rating scale that is ...

Question 1

Investment is an undertaking with an expected return in a given period of time. Investors focus on the value of return before making an investment decision. The investment value is subject to some elements which investors are concerned with their investments. These variables are as follows:

The expected cash flow of investment.

The investment cash flow can be used to evaluate the investment viability through use discounting techniques such as Net Present Value, Internal Rate of Return and Profitability Index. When the initial project outlay is less than the present value of the investment cash flows, then the project is viable using NPV technique. The firm’ ...

Critically discuss what went wrong with the food supply chains to the supermarkets and manufacturers of processed beef products

In the year 2013, according to the reports of the Food Safety Authority of Ireland (FSAI), horse meat was found in products labelled as 100% beef sold in some UK and Irish supermarkets. Horse-meat was revealed in products which were labelled as 100% beef and sold in Europe, the United Kingdom and France. The existence of DNA of pigs in products was also discovered during the tests in preserving beef products. The products were associated to supplementary of the ABP Food Group, which is one of the leading beef producer with business activities in Poland, Ireland and the UK ...

Background of the project

This project came into existence because of the need of having a system that will enable the company handle large amount of data. It is a data collection and analysis company hence its core business is to handle massive data from the clients. Currently, the company uses standard databases. They are not meeting the demand on the market. Just only in two years, the company has realized huge growth and expansion. Through this, it is projected that it will grow by 20% in terms of data storage needs and requirements.
After rigorous process of search for the data of different ...

Abstract

This paper surveys the different types of risks that workers and employees usually face within a given work setting. There are many hazards and dangers that employees in different types of industries encounter, particularly individuals in the manufacturing, construction and mining industries. All other known industries also have considerable risks facing their workers. This paper analyzes the case study of the Deep Water Horizon Oil Spill that occurred in 2010, as it relates to the risks that different British Petroleum (BP) workers faced during the oil spill.

Workplace Risk Analysis

Workplace Risks: The term Workplace Risk refers to the various types of hazards ...

The risk and crisis management for the tourist involves preparing and managing the effect of the crisis on tourists. There should be adequate measures to mitigate effects of risks in all tourist destination centres. Prevention or mitigation is a major risk and crisis management strategy which may be adopted to reduce the effects of risk. Use of SWOT analysis may help to prevent the risk from occurring. SWOT is an acronym which stands for strengths, weaknesses, opportunities and threats. Preparedness is another strategy which may be used in risk and crisis management of tourists. This may involve having a well trained ...

- Discuss and compare hedging transaction exposure using the forward contract versus money market instruments. When do alternative hedging approaches produce the same result?

International trade is a growth strategy that many firms have taken because of the many benefits a firm gets from it. However all business activities have inherent risks. Traction exposure is the term for the risk that companies doing international trade face. Investopedia (2012) defines this as the risk associated with the fluctuations in exchange rates which affect corporations that have entered into financial obligations thus leading to possible losses. Transaction exposure is well-defined and is often ...

Introduction

Risks are the effects of uncertainty on the objectives of a given undertaking. It also involves the possibility of incurring some danger or losses during the implementation of a certain activity. Risk activities involves the actions that can be taken to control, manage or avoid the occurrences of risks in a given environment.

In Lehman (2007), there is a detailed account of several types of risks in different business environments. Risks covered include risks incurred in the mortgage industry and those that occur in a project implementation environment (technology projects). Risks in the mortgage industry include:
i. Interest-rate risks

ii. Default risk

However ...

Social Responsibility: The case of Bank of America’s Expansion

Introduction

With the emergence of the global world, businesses the world over have been compelled to offer competitive services. In the same strain, the protectionist systems adopted by countries have since been replaced by open market concepts that necessarily encourage capital flight and cross border investments. In addition, it has become easier for businesses to engage in capital borrowing at the international level. It is on this premise that this paper seeks to recommend for the Bank of America’s expansion into the international financial arena and more specifically to the BRICS nations which have been confirmed as having colossal ...

Risks and Hazards share a very confusing relationship as they are thought to be same by many hence they are used interchangeably. Bit practically, Risks and Hazards are quite different from each other. While a Hazard is defined as the potential for harm to people, property, or the environment; a risk is defined as an estimate of the probability of a hazards-related incident or exposure occurring and the severity of harm or damage that could result (Manuele, p. 111, 2004)

The definitions quite clearly and vividly the difference between these two terms.

In simpler terms while Hazard is a potential danger, risk measures the possibility of how much and how much can the hazard actually harm. ...

Introduction

The logistics management involves the supply chain management that is charged with the responsibility of planning, implementing and controlling the efficient forwarding and the reverse flow of goods and the storage of the goods. It involves all the processes that take place from the time a good or service is produced to the time it will be consumed by the consumers. These must all be done in order to meet the use requirements (Lichtenstein, 1996). There are several risks that are involved during the time a given commodity is being transported from the point of production to the time it will ...

Activity Summary

Projects initiation was the first activity that we engaged in. It was undertaken after a SWOT analysis of the hotel identified that the POS project was the most valuable and most favorable at that time. The next activities that followed were project scope documentation, project approval and signing off. These activities involved definition of goals and assigning of tasks. They also involved the dividing the project into baselines (technical, functional and management and cost baselines). Project plan execution involved a number of activities that included the following: getting bids from suppliers, auction, procurement closure, enterprise information infrastructure design, training of implementers, ...

Question 1

In business terms, risk can be explained as the inability to make correct anticipations or predictions about the incomes a business expects to realize in the future. A business faces risk due to the fact that it cannot accurately predict whether it will earn enough money to sustain its existence in future periods. Diversification, on the other hand, refers to the process of making several different investments that are not related so as to reduce the level of risk an investor faces.

Businesses may measure the amount of risk they face by analyzing the level of standard deviation they record ...

Introduction

Global warming and pollution has led companies to rethink their activities concerning green methods of production. Carbon dioxide emissions are the leading cause of global warming and the dangers of global warming have been documented for a long time. Governments have come up with restrictions on emissions, which have forced companies to re-think the way they do production. Quest carbon capture and storage project is one example of how companies are re-thinking their strategy and practice towards carbon emissions. This project is developed by Shell for its Athabasca oil sands project (AOSP) in Alberta. It is the first carbon capture ...

Introduction

Risk is very common in any business. According to the definition given by Knight (1999), risk is measurable ambiguity of outcome whose impact may be either optimistic or pessimistic. Usually, risk is measured and expressed in terms of strong index. Many researchers think risk as unwanted event and this risk have statistical expectation value for ranking the seriousness too. Risk analysis can be defined as mathematical product value of strong and disutility. Procurement management offers advantages on economies of scale in purchasing and delivering the goods and services at right time and right place in order to minimize the risk involved ...

- The sales principal documentation, processes, and records that should be put in place.
In order to achieve maximum benefits the process should be clearly outlined to follow a certain predetermined and generally accepted code. Winford services Plc will adopt a real time system for the entire swimming pool activities from the single visit tickets, seasonal tickets and the vending machines. Real time accounting systems will process and record individual transactions immediately as they occur and therefore there exists no time lags between the transaction occurrence and recording.

The real time ticketing procedure will be initiated in a manual step, whereby ...

Chapter 1

risks. I’m not much of a risk taker. As such, although the business world seems exciting, I feel a bit intimidated by the fact that I have to face all these risks once I join this world. Also part of what makes it intimidating for me is that I think that the skill of knowing when to take risks and when not to take risks is not something that can be effectively learned from school or from reading books. Instead, I think that this skill is best learned through experience. This then means that I would have to make a lot ...

Chevron Petroleum is a multinational energy company headquartered in California, USA. Chevron ranks among the six top most oil companies in the world. The corporation is actively operating in about 180 countries. The company is engaged in the various aspects of energy production; these aspects include geothermal, oil, and gas. The company undertakes power generation, exploration, refining, production, chemicals manufacture, transport and marketing.

Chevron is considered the third-largest oil producer in Nigeria and it is one of the largest private investors in Nigeria. The corporation operates as a joint venture with the Nigerian National Petroleum Corporation. This venture operates in the ...

Review each of the following scenarios and identify the risk events, the probability of those risks, and the impact of the risk events. Some scenarios may have more risks than others.

Scenario One:

A retail firm has a project that is focused on expansion into third-world countries to sell pharmaceutical products. The project timeline is, as always, aggressive. The scope is well documented and understood by the project team and key members of the firm. The firm is financially sound, with project funds secure; however, the stakeholders expect that the project will pay for itself within 2 years of deployment.     ...

Consent is a fundamental element of ethical research. In this case, the experiment will be carried out on children and therefore a number of challenges will arise as regards consent due to their incompetency in making decisions on their participation in the research. As a precondition to acquiring consent, an independent review of the associated potential risks and benefits will be necessary (Hickey, 2007). Following an independent review of risks and potential benefits with a positive outcome, consent of participants will be sort. Due to a lack of cognitive powers and experience that would enable a meaningful understanding of medical treatment on the part of ...

Introduction

Outsourcing is a situation where a company contracts another company to do a specific ob for them. A good example would be a shoe manufacturing company contracting a transporting company to transport and distribute their products for them (Reed 2005). Outsourcing is an activity that has been going on for some time and it is yet to end. Outsourcing takes a number of forms, the two common ones being: the Information Technology outsourcing and the Business Process outsourcing. Generally, outsourcing entails a process of four stages, namely; a) strategic thinking, b) evaluation and selection, c) contract development, and, d) outsourcing governance. Outsourcing has its own advantages and disadvantages, ...

Abstract

Carbon Capture and Storage Technologies (CCS) is a technological method that is used to reduce the emission of carbon dioxide into the atmosphere from a variety of sources including industries and fossil fuels production and power sources. This type of technology involves the capture of dioxide either after burning or before burning and then transporting via ships or pipelines and then directing it into the deep underground for storage purposes. This type of technology has been in existence since the 1970’s and has rapidly evolved over time. In fact, the increased impact of the greenhouse effect due to increased amounts ...

Introduction

Today, contemporary organizations emphasize upon building and maintaining strong relationships not only in the consumer markets but also business markets. Cooperative strategies such as strategic alliances and joint ventures are gaining immense significance in order to achieve sustainable growth and success in the competitive ad uncertain global environment. Business-level and cooperate level cooperative strategies are aimed at achieving short term or strategic objectives of the organization.

Samsung has entered into several successful strategic alliances to gain sustainable competitive advantage and strengthen its market position. Samsung has assessed its core ...

Diversification of a portfolio means managing various equity options under one roof. Investing in different shares amounts to diversification of an investment. Diversification reduces the risks attached to the portfolio and provides an opportunity to the investor to earn better. Diversification cannot eliminate all risks in the business. This is due to the fact that even after diversification there are various factors which affect the upward and downward movement of shares. Market forces, economic policies and political stability have a significant impact on the movement of equity shares. Diversification can reduce the risks to a great extent but there is no assurance ...

The police department faces a number of hazards which are likely to lead to loss. Risk management is as important in the police department as it is in other organizations. It involves analysis of loss, potential loss, threats, and hazards. There are assets that need protection in addition to security needed for each jurisdiction. Potential assets at the police department include cash, fleets of vehicles, trained officers, secure premises, information, resources, specialized equipments, and technology. The police department faces some of the risks that are generally overlooked. This includes the risk to property and security needs.

Threat assessment (two potential hazards)

The first step to ...

The shadow banking system, also referred to as the shadow financial system, has been informally described as the unregulated financial activities conducted by regulated institutions. They refer to the financial intermediaries, which are involved in the facilitation of the creation of credit across the global financial system. The members of the shadow banking systems are not subject to regulatory oversight. It also refers to the network of financial institutions, which are comprised of non-depository banks, for example structured investment vehicle, investment banks, hedge funds, conduits, money market funds, and non-bank financial institutions (Batchvarov, 2013, p. 348). Shadow banking institutions ...

Introduction

The second battle of Fort Fisher was an important war in which the Union force’s commander, General Alfred Terry, applied most of the six principles of mission command to secure the union victory. From constituting an effective team, making clear his intent, taking initiative and motivating his force, to taking prudent risks and promoting independent actions amongst his subordinates, the commander demonstrated a remarkable degree of commanding competence. The battle was a joint attack against Fort Fisher by the United States Navy and the Union Army. Generals Alfred Terry (Union Army) and David Porter (US Navy) fought Braxton Bragg, Robert ...

Functions of the Federal, State, and Local Level during this Bioterrorism Event

Health organizations enforce regulations, such as isolation, that may be necessary throughout the emergency period. In case of a bioterrorism event, it is the responsibility of the federal health organizations to announce a state of health emergency. This helps to enlighten the public to be vigilant and aware of the health risks that exist. This has to be done promptly in case the threat involves water safety since water is a necessary consumable for all human beings. The state health organizations play an essential role in ensuring the bioterrorism threat is contained. This means containing the spread of the health risk associated ...

This paper focuses on risk management of the new city construction in the United Arab Emirates called Masdar City. The city is being built by Abu Dhabi Future Energy Company with much of capital provision being initiated by the Abu Dhabi government. It reviews the risks associated with the project, analyzes the risks, estimate the risk levels, and finally suggests the solutions for mitigating the risks (Culp, 2001). Among the projects goals are to provide high quality science and technology, and employing renewable power resources with an aim or reducing social and environmental pollution. Risks for this project may ...

Question 1: Visionary Company

According to Jerry Porras and Jim Collins visionary companies demonstrate a set of characteristics which are a departure from what is the popular myth. Ordinarily, it would be expected that visionary companies would be characterised by the following: presence of a great idea, charismatic and determined leaders, maximization of profits, focus on beating the competitors and the tendency to hire chief executive officers externally.

Contrary to that, Porras and Collins opine that visionary companies are essentially characterised by a number of factors briefly discussed. They insist that visionary companies are premier institutions in their area of specialization. As such, visionary companies usually lead ...

Introduction

Over the years the growth and development of the internet has brought many opportunities for businesses and individuals to gather personal information about other users and to direct their advertising at these people. However, the means by which these things are done give rise to many ethical issues. For one thing, there is the question of whether an individual’s browser history is his or her private property, or is it something which others should be allowed to share? Another issue is at what point are companies being simply unethical? At what point are they breaking the law? At ...

Since the company is virtually new to me and it has no past records of project management history, as the new Chief Information Officer, I would hereby recommend the best practices of Project Management to my Chief Executive Officer. The best practices include proper planning by designing an excellent planning horizon, upholding proper planning management procedures, ensure to be on the lookout for warning signs and impending risks and lastly, resolving issues immediately they occur (Mochal,2009).

Proper planning is an essential project management practice. There is no shortcut such as jumping and starting any kind of work without ...

In his article "Entrepreneurship in American History," John S. Gordon (2014) traces the success history of entrepreneurship in America and, claims that major factors such as availability of opportunities, enactment of incorporation law, invention, freedom to take risks and freedom to fail, and favorable market regulation account for this enormous success. According to him, an entrepreneur is an individual who undertakes the risks of a new venture. America has had an abundance of such people, dating back to the colonial period.

The first major factor that has contributed to entrepreneurship is availability of opportunities. The author explains that ...

Discussion Questions

Risk involves any insecurity regarding a prospective incident with the probability to expose an institution’s potentiality to meet its mission and goals. Numerous incidents exhibits the probability to expose a nonprofit organizations essential property and resources to risk, which may in turn undermine its competency to offer the intended services.

The key assets and resources often range from people, property, donations, and proceeds. Hence, risks that are visible in these scenarios involves damage to property for organization one, injury risk for organization two as players and supporters might incur injuries, while the third Nonprofit Organization (NGO) faces both cash and ...

It is the aim of any company to expand its commercial activities across its national borders despite the many risks associated with the same. The main risk may be changes in political systems, which mainly occur when the party in power loses the elections. For example, in 1977 in India when the opposition party won the elections, there were some changes in policies, and this action negatively affected the Coca-Cola company operations in the country. Other risks include the loss of assets due to fighting or nationalizations and financial factors that may affect wages, commodity prices, exchange rates and ...

Stress is a form of reaction that someone experiences that disturbs a person’s psychological condition. Stressful situation causes different reaction such as lack of appetite, feeling upset, trauma and inability to conduct daily activities as usual. In addition, long-term stress can affect the mental health of an individual (Jeanne 9). However, different individuals have different ways of dealing with stress at home, school or even at the workplace. This paper looks at how an individual can manage stress in an MBA course. In addition, I will apply my life experience as an example to vividly show how stress can be ...

Introduction

Every decision established in the company has a decision that involves the use of funds this is referred to as a financial decision. In the process of making financial decisions, the conventional corporate finance theory assumes that the main objective is to optimize the value of the company, which is referred to as maximizing shareholder wealth. Since the key objective in the corporate finance is to optimize company value, any financial decision that increases this value should be regarded good, while that reduces value is deemed poor. Therefore, the value of the company is determined based on three main financial decisions ...

Winford Plc is a company that has been awarded a contract by Westriver Borough of operations of the local swimming pool. In order to manage the sales and revenue generated by the services offered, an accounting system, has been developed. The main components of the new system in relation to sales revenue and tickets from vending machines will include principal documentation, the processes involved and the records to be kept (Champlain p.45).

The Principal documentation of the new system will be made up of two parts. The first part is the user documentation. The main purpose of the user documentation is ...

Winford Plc is a company that has been awarded a contract by Westriver Borough of operations of the local swimming pool. In order to manage the sales and revenue generated by the services offered, an accounting system, has been developed. The main components of the new system in relation to sales revenue and tickets from vending machines will include principal documentation, the processes involved and the records to be kept.

The Principal documentation of the new system will be made up of two parts. The first part is the user documentation. The main purpose of the user documentation is to assist ...

Introduction

Online trust between consumers and companies is becoming an integral component of online business and marketing. If a company wants a lasting online presence, then its marketing strategy must include ensuring to build customer rapport, trust, and loyalty. One of the vital benefits of internet marketing is its ability to reach a wider audience due to the quality of the information dissemination method. Because of its wide reach, it is able to traverse geographic and national boundaries at a cheaper cost. By improving its web marketing strategy, a company increases its sales and achieves a competitive advantage over similar businesses that do not employ the ...

Question 1: What is a business-level strategy?

A business level strategy is a laid action plan that a business organization puts in place with an intention of gaining a business advantage over other businesses, mainly gaining competitive advantage over its competitors, customer service, and relations. It involves early discovery of the possibility of gaining competitive advantage over others usually using the comparative advantage or strength that the business has. Comparative advantage is of great importance in marketing especially when entering or penetrating into new markets as it involves reducing operational costs (Hanson, 2013).

A strategy in its integrated way is coordination of actions and commitments aimed at discovering a step ...

Abstract

This paper discusses how collaboration among various players in a health care delivery process can be promoted. It initially emphasizes on the manner in which various tasks in health care delivery are interconnected. Approaches that a health care administrator can apply to foster collaboration among clinicians are discussed. Collaboration is depicted as an important way to minimize human error in order to promote patient safety while also reducing organizational risks. The paper also discusses how physician leadership can encourage initiatives to promote reduction of organizational risks and patient safety.

Delivery of health care services in the current world is shifting towards a ...

In the process of setting up a VPN company, several aspects have to be put into consideration. Among the several aspects that are critically examined is the aspect of risk and risk management. In this scope, the area of specialization being in provision of shared secure network has some technical risks associated with the sector. The most common threats or risks most likely to happen are physical damage to the network devices, poor quality cabling, malicious threats posed by an intruder who may penetrate into the local network. Another risk which might occur is theft of the equipment or poor ...

- Chain stores Corporate chains, voluntary chains, retail cooperatives, advantages over independents, large quantity purchases, ability to specialize individuals for pricing, promotion

- Franchises Description of unique product or services (fitness center or hotel), foot hold within their markets

In a chain business we have the main company which is the parent company. This parent company owns all the other businesses in whatever location that they are. In a franchise situation we have same name same product but the businesses are individually operated unlike in chain businesses. Management in a franchise is handled separately in each location whereas in a chain business management ...

Policy Statement:

Maintaining the security, confidentiality, integrity, and availability of information stored in the union’s computer networks and data communications infrastructure is a responsibility shared by all users of those systems. All users of systems are responsible for protecting those resources and the information processed, stored or transmitted thereby as set forth in this policy. Violations of this policy may result in disciplinary action up to which is stated in the policy.

Purpose/Objectives:

Explain the concepts of information systems security (ISS) as applied to an IT infrastructure.

- Confidentiality, integrity, and availability (CIA) concepts
- Layered security solutions implemented for the ...

Assignment 1:

The main learning objective for this past week was to study the process involved in planning the procurement of materials that are meant to be used for the completion of a certain project. During the study, a detailed analysis was carried out on each individual process that comprises the the procurement process of a certain project.
Before delving into discussions on what factors are considered when coming up with plan for procuring the materials required for a project, we began by understanding the meaning of a project’s procurement process. The discussion on the broad meaning of what is a project procurement process, was ...

Risk Planning

This is a proactive and systematic process of detailed recognition and programming required to minimize the anticipated risk in a project. It involves the project management and implementation of appropriate approaches to mitigate, control and prevent risk .For example: In order to start a new product category certain essential types of risks are kept under special consideration like; financial, legal, environmental, strategic, operational, marketing, production and advertising challenges. Strategic planning is needs to be done to cope up with all these mentioned types of risks and challenges to make new product development a successful venture.

Risk Assessment

This step entails the in depth assessment of ...