Essays on Risk Management

1: BP’s Contributory Ethical Aspects to the Oil Spill

One of BP’s ethical violations includes the lack of implementation of the safety measures that would have prevented the occurrence of the incidences and the deaths. Some of the failures are visible through the absence of proper machinery controls like remote switching that would have enabled the crew to take charge of the situation in the rig. A majority of this mistakes stem from the fact that BP was cutting corners in its processes to ensure that it made savings on its investments while putting its employees at risk. The company also failed to adhere to environmental regulations ...

The concept of clinical risk management is concerned with the aspect of making improvements to the quality and safety of health services in the mental health sector. As such, this achieved by pointing out the circumstances and opportunities that create risks to patients and staff and identify the approaches that can be adopted to prevent such risks through risk assessment and management. Risk assessment and management have become a primary element of mental health services in modern times, and the significance of good practice in this specific health care area cannot be disputed. The process of risk management and ...

Background

Today, the financial industry is more regulated than any other time in the history of economic globalization. However, the lack of fundamental professional behavior, ethics, and compliance raises the important question whether the current financial sector in Australia is destined for an endemic future. The persistent fraud cases in the Australian financial industry paints an impression that behaviors are yet to change even after experiencing the global financial predicament that emanated from the US. The recent ANZ suspected interbank interest rate rigging, CBA’s CommInsure denial of compensation to legitimate claims from terminally ill patients, and the Macquarie Group ...

Healthcare centers and facilities play a significant role in disaster and emergency preparedness efforts for all types of events such as natural, man-made events, terrorist attacks and pandemic outbreaks. Healthcare facilities are required to have emergency and disaster operations plan which apparently gives an outline of how the hospital is prepared to respond and recover from all types of hazards. The preparation process requires the healthcare facility to include a number of six critical components including communications, resources and assets, safety and security, staff responsibilities, utilities and clinical and support activities (Wee 241). The approach of being prepared to ...

Introduction

The financial crisis of 2007/9 was the worst in the U.S. since the Great Depression of the 1930s. It was the cause of the failure of some of the biggest financial institutions including Washington Mutual which was closed in 2008, and its assets transferred to JP Morgan. In 2008, the crisis reached its peak with loans dropping dramatically to the lowest levels to be witnessed in a half a century. For example, new loans to large borrowers fell by 47 percent in the fourth quarter of 2008 as compared to the previous quarter and by 79 percent relative to ...

Introduction

Safety programs in aviation are structured in relation to the reactive analysis and investigations that have been conducted by the industry with respect to the events and mishaps that the industry experiences. These programs are aimed at reducing the number of accidents and improving efficiency in the aviation industry. While human factors that lead to errors and finally accidents in this industry cannot be fully eradicated since “to err is human”, certain measures can be put in place in order to reduce the possibility of these errors. Thus the safety approaches in this industry involve a comprehensive process used ...

Affiliated Institution

Introduction The concept of Homeland Security was precipitated by the terrorist attacks of 9/11 (Shawn 2013). According to the quadrennial homeland security review (2014), the goal of homeland security department and its partners is to build a safe, secure, and resilient nation. This goal is continuously threatened by the evolving nature of terrorism and natural disastrous among other risk factors. In order to mitigate the effects of the risks and threats to the safety, security, and resilience of the nation, the (Department of Homeland Security) DHS developed the five missions to help the department and its partners achieve its ...

The Relationship between Risks and Rate of Returns

The risk and rate of return, as discussed in business, are directly proportional. It means that as the risk increases, the rate of return increases while as the risk declines, the rate of return decreases as well (Christoffersen, 2012). Therefore, an individual willing to invest must take a decision based on both the risk and rate of return analysis to achieve a high return at a lower risk. Investors are likely to prefer investment decisions that yield high rates of return at minimal risks. The term risk defines the capability of acquiring loss below a person’s investigations. On ...

INCIDENT REPORTING ON THE ACUTE CARE SETTING

Healthcare risk management is an effort that is organized in a bid to identify, evaluate and reduce risk to patients, employees and visitors alike. The biggest asset of a hospital (besides the equipment the hospital owns) is the reputation it holds. The Florida Statute for risk management (Cap 395.0197) requires that each licensed medical facility is to have an internal risk management program led by the risk manager. The risk manager’s duty is to reduce and if possible prevent risk, and to enhance the safety of the patient. The risk manager carries out evaluation and control of risks ...

Introduction

HRIS is an essential tool in large corporations as it helps in connecting HR management with all departmental roles. Technology is the key tool that connects organization systems and HR software. The HRIS allows the human resource management activities and process to be carried out electronically. The electronic systems and software enable the organization to undertake different activities such as management, accounting, and payroll. HRIS aims in increasing efficiency in decision making by HR (Martin, 2006). The decisions made are essential in increasing quality and productivity of both the human resource manager and employees. Furthermore, it offers different solutions ...

The President,

United States of America. Introduction The concept of corporate ethics is widely accepted today. In order to stabilize the growth and development of the overall U.S economy, industries regardless of their nature or size must be instructed to follow certain ethical guidelines. In the current corporate environment, it is advisable for the U.S government to introduce three key changes to its corporate governance framework. First, there should be a single body or statutory regime to deal with corporate governance affairs in the country. Second, corporate ethics is essential to distinguish the roles of chairman and chief executive officer in ...

Part 1

Objective: in this critical analysis, you are expected to demonstrate an understanding of public health ethics and legal issues. Also, you are required to actively engage with the subject and come up with a substantial perspective on it.

Introduction

This critical analysis will outline the main purpose of the public health ethics and legal issues for protecting and upholding public health. Public policies and social programs are some of the aspects that constitute a good public health. Also, some patients with distinct issues contribute to the wellbeing of the public health, especially in a situation of unethical event regarding health ...

Abstract

The risk management approach refers to the techniques, processes tools and the team roles and responsibilities that are employed on a general scale or on specific issues to help address issues such as loss of lives, destruction of property, financial losses and any other relate losses. This essay compares the organizational approaches between private entities as represented by BP and the public entities as represented by Minnesota State’s Department of Administration. The risk management by the State government of Minnesota is operated through its insurance program as well as the programs that cover the safety of the state’ ...

Contrast risk, threat and vulnerability.

The threat, risk, and vulnerability are terms that commonly used in the risk management. Even though they seem to be very similar, they cannot be used instead of each other, because in a theory of the risk management there a distinct difference between them. The threat is one of the factors that cannot be controlled or influenced directly from the perspective of the risk manager. It exists independently from the current situation and the main task of the risk manager is to identify the threat on time and come up with a plan how to avoid it, prevent it, ...

Metrics create conditions for comparability of results and in the future they give possibility of a meta-analysis of empirical research strategies. Measure in the effectiveness of the strategy can be achieved as a result of performance of the plan to achieve the strategic goals. Each task correspond to one or more of metrics, and each metric has exactly one metric task (the process task that is evaluated using this metric). Metrics are grouped by task. In strategic terms company can use the metrics for business planning and risk management. These metrics give leaders an understanding of the capabilities and ...

All organizations face the risk of attacks. In today’s world businesses cannot function efficiently without computers, networks, and the internet. Increased internet connectivity has provided the companies with many incentives but along with them a tremendous increase in the level risk. Although no organization can be fully secure, we have the responsibility to mitigate all risks. The company must assess, plan and address threats and vulnerabilities through different security measures. Denial-of- Service is a major risk for the organization. The attack would aim at disrupting the service network. The attackers can send high volumes of traffic and data ...

REPORT

Report

The research aims at analyzing PMIBoK5 to identify the topic coverage for P3M, entailing the areas concerned with P3M, and to identify the influences in PMIBoK5 affecting the approaches as well as the methodologies of P3 Management in the diverse project environments.

Deliverables

Project Management Institute Body of Knowledge (PMIBoK) entails a term describing the totality of knowledge within project management as a profession. The areas of coverage concerned with the P3 management include the project scope management, project quality management, project cost management, project risk management, project stakeholder management, project procurement (Haimes 2015, p. 41).

Related Scope Factors to P3 Management

Project scope management. ...

Introduction

The case examines the project for construction of a Business School for the University of Exeter, which was completed on time and within the forecasted budget by 2011. The objectives of the University involved (1) delivering a world-class research and teaching facilities to the University, (2) satisfying the needs and expectations of the student during and after construction, (3) enhance the School's position in the international educational arena. The objectives of the project team, however, included a variety of more complex elements. The core goal of the project was to deliver the facility according to the University’s project, ...

Introduction

The report is aimed to develop the plan for project management of developing upscaled and advanced annual report of Young at heart. It is a national non for profit medical research center that conducts researches on the diseases related to aging. The center, for now, develops simple and easy annual report in black and white color. As the center works as a nonprofit organization, therefore, it is very important for it to provide more accurate and clear reporting of where it utilizes the funds provided by thegovernment, corporation and foundations and other donors. Therefore, the director of the external ...

Executive Summary

Our IT based company has annual revenue of more than $10 million dollars per year. The company has planned to adopt the latest software technologies to enhance the level of production. At present, the IT Company prefers to use relational databases operational systems but it plans to expand the business into data warehousing. The IT Company is going to incorporate innovative technologies from special solution providers and integrate industry’s most excellent features in association with the expansion of technological system in the company. According to Marr (2010), the IT-based industry is a developing field with most corporations having ...

Introduction

The major proposed solutions towards controlling project risks are based upon a two-fold outlook framework i.e. the project’s uncertainty and the frequency of changes effective in the project’s lifecycle. Presumably, if a project has a relatively truncated level of uncertainty, a head-on, race-to-the-finish approach is most suitable, as only very little is expected to go wrong in the entirety of the project. The fast approach technique is preferred because it maximizes on the project’s present value, and consequently realizing the remunerations from the project as soon as is possible. Comparatively, established that a project runs an ...

Issues in Business: Case Analysis – Risk Analysis

Issues in Business: Case Analysis – Risk Analysis

Introduction

The case study under analysis herein, assumes a larger business venture of an online streaming video service Netflix. The company, as any other commercial enterprise, needs to secure its online proprietary data, as well as protect its software learning environment from unpaid subscribers, or unauthorized hackers. Historically, the company just started one year ago, in the context of the case study. The perspective of this written report is from a consultant. According to Gill (2012) IT risk lays at the heart of business, although many treat this aspect “as an afterthought,” and ...

Introduction

The Jet Propulsion Laboratory is the dependence of the National Aeronautics and Space Administration of the United States of America. As a government agency, the NASA depends on a budget that the Congress of the United States assigns every year according to the priorities in investigation agreed between the Agency and the Government. There is an imminent risk for the NASA and all its subsidiaries, as the JPL (Nasa Jet Propulsion Laboratory, 2016), that is the risk of failure. In the case of comparison with any firm or organization, as a corporation, the failure is very common, but it ...

Out of several things determining the success of the business, the ability to manage the financial risk is also an important factor. Failing to manage the financial risk has lead to the failure of many big companies. MF Global bankruptcy is one of the greatest examples of failure where the company made several attempts to raid the customers’ account to meet the financial obligations (heartland.org, 2012). The company's inability to manage the financial risk caused the loss of million dollars to the customers, and the company turned out to be bankrupt (Till, 2012). This paper explains about various techniques ...

Source: InfoSec Institute Web article, January 2016

Summary: This article was about Information security governance and Risk Management in CISSP domain. In the article some basic guiding principles for the security are highlighted, the security's fundamental principles revolve around the CIA i.e. confidentiality, integrity and availability. Confidentiality confirms that the data is confidential through personal identifying information, integrity ensures the accuracy of the data and it is not modified by anyone else and finally availability ensures that whenever the data is needed, it is available i.e. no DOS attacks or any other attacks stops the access of the data. The risk management talks about the analysis ...

Information Security Governance and Risk Management

This is the foundational domain for professional information security work (Walsh). It provides standards and policies for monitoring information security programs. The domain ensures data quality necessary to support an organization’s objectives. This is critical especially to sensitive and critical information that an organization uses. Risk management is the identification and prioritization of all risks to confidentiality. The most important step in the domain is risk analysis. This involves identification of threats and vulnerabilities on applications and systems. The last phase in the domain is the implementation of the most appropriate and cost-effective security measures and controls to ...

Abstract

Every business or enterprise has a group of risks that are associated with it thus probing the need to establish a risk management plan. If the risks are not mitigated, they can cause losses and other adverse effects to the business. The primary types of risks include accidents, injuries, errors and damage to facilities and equipment among others. Safety risk management refers to the identification, analysis and mitigation of hazards and risks that may affect the functioning of an organization. Before implementing a security risk management, there is the need to identify the risks and have mitigation strategies in ...

According to the National Research Council, it is posited that any project can never be risk-proof, and efforts should be enforced to mitigate the same. In its 2005 publication titled The Owner's Role in Project Risk Management, it maintains that the amount of uncertainty in any given project is normally relatively high. Further, the adversity involved in some of the pertinent project risks can be so great such that it is literally impossible to design risk mitigation strategies at the planning stage of a project. In the case where a vendor is underperforming, there is the likelihood of occurrence ...

Introduction – Case Background

The Regency Plaza is a hotel complex that comprised of 300 rooms and approximately 96 luxury condominiums. The project building was the combined structure of steel and concrete, which made the structure solid and reliable for mass capacity. The regulatory of the project, the Regency Hotel Group owns and regulates 24 luxury hotels that are situated in the prominent urban cities globally. They regulatory charges $550 each night for rooms and the Regency Plaza is the first condominium project of the entity. Discussing the role of Kris Hodgkins, the regulatory hired her services that were accountable for designing, construction, ...

Narrative: Studying at UCA

During my life, growing up in Saudi Arabia, I worked for several different insurance companies and learned over time it was what I wanted to do with my life. From a young age, I loved it and wanted to pursue an education in the field. Today, I am only twenty-seven years old, and as an undergraduate, I have begun studying insurance and risk management in an effort to achieve this dream. There have been many obstacles along the way, but I have always proven to myself that if I stay dedicated and committed to my education and the plans ...

Tourism, hospitality management sectors are interlinked to each other to some extent and it is argued that Tourism, hospitality management are interrelated and have many cross-relationship to cover the entire sector together. Tourism and hospitality are closely related but not mutually exclusive; as hospitality is the least concerned with providing the needs of tourists. The definitions of hospitality and tourism field falls under “travel and tourism”. It is sensible to study the linked sectors together in detail on strategy and operation level. This research describes and demonstrates the close interaction between the tourism and hospitality; and flexibility of the ...

For the success of any business project, there must be well laid out plans to prevent all the misfortunes that might come on the way. The problems incurred during the development of the project might pull the developer's several steps backward. It is important to understand that a project’s risk may have positive or negative impacts on the desired objectives of the project (Baloi & Prince, 2003). It is, therefore, easy to perceive that Project Risk Management is meant to guard against the failure of a new project while maximizing on the possible future returns. An exquisite Project Risk ...

Each sphere of business activities require financial expertise. Hence, there are diverse and a multitude of career opportunities to select for financially educated persons. Financial professionals take the responsibility of managing the capital and the finances critical to all businesses (Kochanek, 2008). We look at the two career options that a person with financial education may pursue along with essential skills the person possesses to be successful in the described position.

Portfolio Manager

Portfolio managers develop and implement investment strategies for individuals or institutional investors such as mutual funds, hedge funds, banks, insurance companies, and pensions (Trudy, 1999, p-2). Their primary ...

Risk is one of the major elements of the life to deal with. Everyone needs to deal with risks and there are no ways of avoiding risks in the real life. The risk can be explained as a potential that can result in gain or loss. The gain or loss is caused by any actions taken. The life continuously experiences risk at day to day activities. The number of accidents or cases that happens around us remind the consequences of risks. There are different types of risk that we do face. It can be described as financial risks, physical ...

The energy transition law was the result of long debate related to the industry. The law was passed to provide more care of the environment by taking different issues related to the environment into consideration. The environmental issues were common in the European nations and the law was passed with the view of having some solutions. The law focuses on carbon emissions and reducing other types of problems related to the environment. The law has been passed after a long debate, but it still has some areas with weak ground that requires improvement in order to make it more ...

Abstract

When an organization has cash inflows and outflows of foreign nature, the cash forecast for every currency will help during the identification of the currency exposures. The format of the estimation should allow the users to determine the balance for every currency and whether there is a growing shortage or extra money over time based on reasonable cash flows. The increasing gaps between the cash inflows and outflows may need hedging, and the cash flows that offset over time represents the issue of timing effectively. The management of foreign exchange transaction can be achieved through the offsetting transactions to ...

Introduction

Effectual Real Estate Holdings Ltd. is a medium level Real estate management company. The company is multi-faceted in the way it conducts business. The main business activity involves agency work wherein, the company receives contracts on rent collection on a monthly basis. Additionally, apart from rent pooling, Effectual Holdings is also involved in construction work; building of apartments and other mid-class rental premises. All of the services provided by this company are purely contractual except for the case where the company is undertaking developmental work on its own accord. Effectual Holdings has been known for its continuous delivery of ...

Implement and Monitor Work, Health and Safety Practices

Paper Due Date Project I Guide for Work, Health and Safety Practices The foundation of the Queensland Reef Hotels and the success of the organization as the marketplace for quality and service lies in the core values of the company, which include the philosophy of “Our employees are our customers”, integrity and honesty. The philosophy of Queensland Reef Hotels embraces the belief that by taking care of our employees we will build a culture, which ensures loyalty and long-term relationships with all the stakeholders. This guide addresses three critical areas of this care: Work Environment, Health and Safety (WHS) ...

MANAGEMENT

Today, the world of sports has an immense number of fans following with subsequent industrial growth. According to Schlesinger (2016), the American population was recorded more than 320 million and Jones (2015) claimed that more than 60% of American population is a diehard fan of sports. Among innumerable sports, the National Basketball Association (NBA) has 17.7 million viewers; the Major League Baseball (MLB) World Series has 14.9 million viewers, and the National Football League (NFL) Super Bowl had record-breaking 108.7 million viewers throughout United States of America (USA; Thompson, 2014). Surprisingly, more than half a million viewers of each ...

Credit Risk Management

Commercial Loan Market Commercial loans are debt arrangements agreed upon by the lender (business) and borrower (financial institution) to cover operational costs or fund business projects. During economic downturn, financial institutions are cautious of their lending and consequently import strict regulations that force borrowers to pay a higher interest rate. The agreement between the lender and borrower in the market is documented in a “credit agreement.” In credit risk management, the most important components of the agreement describe the covenants, the security requirements, priority of payments and events of default.

Segmentation of Commercial Loan Market

Financial institutions use credit rating to qualify borrowers based ...

Position: Marketing Director

Description: Although I joined the company as an Analyst, I was promoted to lead the marketing division of INFITEC GmbH globally, based on my performance. In this elevated role, I was directly responsible for opening offices in China, USA and Russia, as well as finding strategic partners in the EMEA region for home cinema and system integrators in the B2B area. At present, I manage a team 4 people in Germany and report directly to the CEO and the Managing Director. Listed below are some of the projects I have been involved in as part of this role. Project ...

National Bank of Canada

National Bank of Canada is among the largest commercial banks in Canada, with its headquarters located in Montreal, Canada. The bank’s history dates back in 1859 when francophone businesspersons founded it (Cheffins, 1998). The bank has approximately 452 branches located in most of the Canadian provinces and approximately 2.4 million clients. The bank also has partnerships, subsidiaries and representative offices in other countries through which it serves both Canadian and non-Canadian customers. The bank has a public company ownership structure and its shares trade in Toronto stock market. This paper discusses in details the organizational structure, managerial practices, ...

Summary of Business Research

Over the years, financial institutions have faced a lot of risk including financial loss e.g. customer defaulting as well as the channeling of resources in projects or initiatives that make them loose their valuable resources and probably don’t add value to their organization (McNeil, Frey, & Embrechts, 2015). The effects of these risks have made the financial institutions fail to achieve their objectives and decrease in performance as well as maintain their market share. The end results show that the organization is not able to sustain its capabilities. The study is to investigate the effects of risk management on ...

Innovation and Risk Management

Innovation and Risk Management

Introduction

This report aims at producing a strategic growth report for Apple Inc. Apple Inc is a telephony company that provides innovative products to suit customer’s needs. The innovativeness of Apple Company is a significant factor in steering its growth in the international market. The paper delivers the strategic growth plan in four parts. The first part is an overview of Apple Inc and why it is innovative. The second part contains the strategies that Apple can adopt to realize the proposed growth. Third is the components of New Product Development and how it can ...

Introduction

The main issues with Parmalat include the ineffective audit planning process and risk management. The company was involved in the fraud and misrepresentation of the financial statements. In addition, due to ineffective audits the company had to face severe consequences at the end. There is a need to implement effective audit strategies and risk management process.

It is important for the auditors to confirm cash balances with the financial institutions that are used in the cash reconciliation of the company like Parmalat. By using standard from confirmation, the auditor requests financial institutions to confirm by examining their records about ...

Introduction

In the modern age of corporation, businesses tend to expand their operational reach through a penetration in newer markets. The penetration requires effective teamwork and deployment of limited resources in order to achieve the long-term objectives. The corporate objectives are achieved through an execution of multiple and temporary activities called projects. These projects are different in nature, size, and resource allocation. An effective and timely completion of these plan-oriented activities requires a systematic framework, prominently known as “Project Management”. The Project Management is based on nine key elements that define purpose, approaches, requirements, and execution of the discipline. This ...

Business process

Introduction This paper mainly talks about the business process of several businesses. It shows the main business process steps which should be used in order to generate profit in a business. It also gives solutions to different business problems so that entrepreneurs can have a clue on what steps to take in their business process in case of a certain problem.

Business Process

A business process is a set of activities or tasks that when completed they will accomplish the organizational goals (Dumas, La Rosa, Mendling & Reigers, 2013). It starts by characterizing the strides it takes to complete something, enhancing those ...

Business

2016-07-28

Introduction

This paper is devoted to the company Nissan Motor Company Ltd. and its management system. The great attention is paid to the operations management, supply chain, inventory management and other aspects, which can significantly impact on the company’s effectiveness. Nissan is currently demonstrating a steady growth in terms of volume of production and sales, as well as developing its technologies in different fields. Nowadays, the company Nissan produces cars in twenty countries around, which include Japan, USA, England, Spain, India, Brazil, Mexico, Russia and others. Sales are conducted in more than one hundred and sixty countries. Company ...

Executive summary

The National Bank of Canada has its headquarters in Montreal, and it is Canada’s sixth largest bank. It was started on 4th May 1859 by the francophone business people in Banque and Ontario. The bank has 2.4 million personal clients and most of its branches in the Canadian provinces. It has many representative offices partnerships and subsidiaries in other countries where it serves both non-Canadian and Canadian customers. The bank’s management structure consists of the board of directors and the office of the president. The bank is upholding a proper governance system and appropriate ethical strategies to ...

Introduction

Life happens to come with many unprecedented and unpredicted disasters. Halfway across the world there are news of tornadoes, fires, earthquakes, and floods. News reporters give statistics of the many lives that are lost in such disasters and in many instances, the policy makers are not able to correctly determine the monetary value of property and businesses lost in such instances. Such happenings are taking place across the world and some of the greatest losers are business entities. Owing to these disasters and many more such disasters, business organizations have to think beyond the normal operations (Cobanoglu, Blasik, & Haley, ...

INNOVATION AND RISK MANAGEMENT

Executive Summary 3 Innovation and Risk Management: An Introduction 3 Invention and Innovation: The Concept 5 Innovation to Achieve Growth 5 Innovation and Risk Management 6

Recommendations 9 Conclusion 9 References 11 Executive Summary Innovation is leading to newer products and technology advancements in today's business scenario. While it promotes growth and profitability, there lurch equally good chances of running into grave business risks. It is important to a business to avoid risks; risks cannot be avoided in totality. The key lies in taking calculative risks by which the organization can reduce the chances of losses and increase the ...

Part A - For the Organization

Stakeholder Analysis Stakeholder analysis refers to the method uses qualitative data to know the interests and effects of different groups on the company. Internal stakeholders are the individuals within an organization, who are directly affected by the company’s activities. External stakeholders are the individuals outside the organization, but are indirectly affected by the performance of the company (Holland 126). The internal and external stakeholders of Cancer Council NSW are identified in table 1.

Scope of Risk Management

SWOT Analysis Political: The government of NSW has taken various initiatives in relation to cancer prevention that indirectly also affect the Cancer Council NSW. For ...

Information System Security Plan for a Bank

Executive Summary The information security plan applies to AmeriBank, its auxiliaries, employees, information, system, processes, data, and networks collectively referred to as the Bank. AmeriBank is committed to protecting critical assets and securing information to ensure the confidentiality, integrity, and availability (CIA) of the information, preventing damage to the network and systems that are vital to the bank’s business to ensure business continuity, and minimize risk to the businesses. This is achieved by implementing administrative, technical, and physical controls such as information security policies, software, and hardware controls, which have to be implemented, monitored, and improved upon to ...

1. The Committee of Sponsorship Organizations (COSO) of the Tread way Commission developed with PricewaterhouseCoopers LLP a Risk Management Framework and an Enterprise Risk process for the organization with goals in four scenarios of the organization:

Strategic: Alignment of the members with the goals of the organization and supporting its mission and vision.

Operations: A correct use of the resources of the organization with efficiency and effectiveness. Reporting: Transparency and availability of the information to all the stakeholders of the organization. Compliance: The framework helps to comply with all the laws and regulations that affect the organization. The components of the Enterprise Risk Management are: Internal environment: The internal environment considers how the internal units and ...

Product Development is the design of new products, or new features in old products that is meant to offer better benefits to the target users (Ulrich and Eppinger, 2012). Product Development goes further to involve the marketing of the created product. Several factors determine the success of Product Development. Broadly categorized, such factors include type of product in question, state of the target market and economy, the characteristics of the target customers among other factors within and beyond the company. All these factors constitute part of the risks faced by company involved in product development (Towey, 2013). Factors that ...

Introduction

The bank of Dhofar was started with only two branches, One in Salalah and another one in Muscat, and was first incorporated in January 1990 as a public joint stock company in Oman to conduct banking activities for the investment, retail and corporate sectors. At its inception, the bank had the name Bank Dhofar Al Omani al Fransi, which was changed to the current name in 2003 after the bank met all approval requirements. Before the name change, Bank Dhofar Al Omani al Fransi had merged with the Majan International Bank in 2002. Over the years, the bank has ...

Abstract

Blue Coral Copters Inc. is on a course of gaining prominence. However, such moves may be thwarted if the current, below par safety measures are put in place. Eminently, the organization is faced with an avoidable tragedy, which can be avoided through simple revision of the current security measures. Just like Blue Coral Copters, agencies in the service industry prosper today based on the safety precautions that they offer to their stakeholders. Thus, the much-needed prosperity at Blue Coral Copters Inc. may only be realized if the organization takes new steps in re-engineering their safety measures. From the assertions ...

Introduction

The capital market is a wider portfolio market that deals with securities. The investment banking process provides a platform for the securities trading. The investors are provided with an opportunity to choose the appropriate financial instrument to choose. The portfolio management provides key elements that are applied by the investors in understanding the capital investment market. Therefore, the study seeks to explore on capital market investment and investment banking.

Portfolio and investment banking process

Investment banking process involves financial institutions that provide assistance to individuals, corporations, and governments in achieving and raising financial capital. This is through underwriting or taking part as the agent ...

The federal emergency management agency involves all stakeholders in disaster management. All individuals, governmental bodies and non- governmental organizations all take part in community disaster management. The whole community is keen to ensure that they are safe and protected. FEMA`s whole community concept is inline with the well being of the community with the rising number of threats to human lives (Concern Worldwide, U.S, 2015). Disaster management strategic goals are to reduce the number of deaths, injuries and the impact of disasters. The federal government strategizes on how to plan, control and react to threats and risks which ...

Some places in Rwanda are prone to disasters. The most frequent natural disasters are floods and landslides, and both have a tremendous impact on human lives, property, infrastructure and the environment. For example, in May 2016, both disasters hit Gakenke and Muhanga, killing more than forty people. Rubavu and Ngororero were also hit, and seven people died in these places while others were left injured. Parts of Northern Rwanda are most susceptible to these disasters (REMA, 2011, 45). These include Rubavu Districts, Musanze, Nyabihu, and Burera. Although these are natural disasters, their magnitude is determined by a combination of ...