BSBRSK501B Manage Risk Formative Assessments Activity 5 (1). SWOT Analysis Strength 1.Australian chain of upscale mid to high range departmental store 2.Myer has stores in all Australian states and the Australian Capital Territory 3.Variety of brands in affordable price gives consumer a lot of choices 4. Strong brand presence and reputation in Australia 5. Customer-focused service Weakness 1. Undeveloped distribution channel which serves only in some locations in Australia 2.Retail area prices
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For the student Please ensure this form is fully completed and attached with the assessment. Student ID: VFHQDB0073 Student Name: VICKI MCGUREN Course: DIPLOMA OF MANAGEMENT Unit Name: MANAGE RISK Unit Code: BSBRSK501B Assessment Title: Assessment No: Trainer’s name: STEPHEN FURLONG Due Date: Intake: Campus: ONLINE Plagiarism and collusion constitute cheating. Disciplinary action will be taken against students who engage in plagiarism and collusion. You must retain a soft copy of this assignment
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Knowledge test Submission details Candidate’s Name Candidate’s ID number Assessor’s Name Assessment Date/s Time/s Instructions to Students 1. You must accurately complete the Student Assessment Pack. 2. Your Assessor may want to discuss written answers with you to get further evidence of your understanding and to check that it is your original work 3. You need to submit Assessment Cover Sheet for each assessment. 4. You are permitted to use dictionaries and to seek support‚ as required.
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Student name: Student number: BSBRSK501B Manage risk Assessment 1: Project Student signature: Trainer/Assessor signature: Date: Assessment Project Instructions: This Assessment Project is to be completed in addition to the learning and assessment tutorial activities you complete in class during the course. This Project evaluates a number of elements of competency that will assess your knowledge and skills in managing risk (see BSBRSK501B- Assessment Guide for a complete list
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Risk Review BSBRSK501B Task 1 Risk description: An investigation was recently conducted at the at the Toowoomba MacVille café‚ in order to find out numerous things involved with opening a new store such as: * new goals that can be achieved * the stake holders involved * the social‚ economic‚ political and technological features * the strengths and weaknesses * opportunities and risks * research analysis The reason the investigation was conducted was to gauge what was both good and
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Form Bottom of Form ASSESSMENT BSBRSK501B MANAGE RISK Assessment tool 1 Assessment activity 1: Review organisational processes‚ procedures and requirements for undertaking risk management 1. Create your own definitions for the following terms: a) Risk: A probability or threat of damage‚ injury‚ liability‚ loss‚ or any other negative occurrence that is caused by external or internal vulnerabilities‚ and that may be avoided through preemptive action. b) Risk management: The identification‚ analysis
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Pic 0027 Risk management Risk management is the identification‚ assessment‚ and prioritization of risks followed by coordinated and economical application of resources to minimize‚ monitor‚ and control the probability and/or impact of unfortunate events or to maximize the realization of opportunities. Risk management’s objective is to assure uncertainty does not deflect the endeavour from the business goals. SCOPE: Every failing project I’ve seen has had an informal scope of "the sun‚ the moon‚ the
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Manage Risks Project Part 1 Plan for enterprise risk management Current risk management policies The scope I have chosen is to look at the organisation as a whole; I have chosen this as it gives me a learning tool of what the risks of the entire company are. * Political environment - this can affect taxes‚ laws and regulations that we have to consider during risk management. This can also affect things such as international trade and supplier selection * Economic climate – The current economic
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RISK ANALYSIS AND MANAGEMENT PLAN 1. A) Likelihood: Once risks are identified‚ the next step is to determine the likelihood that the potential vulnerability can be exploited. Several factors need to be considered when determining this likelihood. First‚ the auditor needs to consider the source of the threat‚ the motivation behind the threat‚ and the capability of the source. Next‚ auditors need to determine the nature of the vulnerability and‚ finally‚ the existence and effectiveness of current
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4 Be able to promote a culture where needs and risks are balanced with health and safety practice in health and social care or children and young peoples settings. In this section I will try to outline the importance of allowing and supporting employer to take everyday risks but also recognising the need to as far as reasonably possible keep them from harm. Safeguarding-PA has a duty to ensure employer is not abused or neglected.Abuse can be physical‚ emotional‚ sexual‚ financial. When employer
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