Zillion Builders Pavilion Case Study

RISK ASSESSMENT Every company experiences losses and is expected to expose in different risk. This part identified the different risk/loss exposure of the Zillion Builders Pavilion. Giving importance to the risk identification, this involves the risks or threats that were found and are likely to affect the firm. In addition, the analysis and evaluation of the identified risk/loss measures the frequency and the severity of the risk of Zillion Builders Pavilion. The analysis is determined by how the identified risk may affect the Zillion Builders Pavilion.
IDENTIFICATION

CHOOSING THEIR WALK-IN CUSTOMERS One of the identified risks in the Zillion Builders Pavilion is the viewpoint of choosing their walk-in customers. As the firm practicing
Walk-in customers also affect the company, especially to the reservation of the rooms.
Being Unpopular in Local Areas The Zillion Builders Pavilion will not be affected in terms of local popularity. In the measured frequency and severity of loss from being unpopular in local areas, the number of losses that might the company receive is low which an advantage for them because this not affects the performance of the Zillion Builders Pavilion business. The business is widely known in the internet or in online advertisement. The company’s credit from it as the firm is mostly known in other countries and outside the Lipa.
Lack of Employees The number of employees that is needed for the company to work is currently high, which is the company demand for more skilled employees. It may affect the company from not having a specific position for every employed worker in the company. Also, there will be a great impact on the company as they are having a shortage in their employees specially looking for such important person that are knowledgeable in the field of business or business department works. Since, Ms. Shelley holds a diploma in engineering she has no any background in handling a business. It’s difficult for her as a manager because they don’t have enough staffs to work with the
Since the Zillion Builders Pavilion experience and receives a fair comments and insights from their customers, the effects of the comments of every customers that are passing through their place may be a negative feedback or misinterpretation of the firm’s offered services. This affects the image of the firm because the customers thought that the place and location of the Zillion Builders Pavilion is latent and some customers see that the firm is a motorist