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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Risks Faced by Banks and Regulatory Countermeasures Abstract The essay will analysis and discuss risk and regulation method for banks. There are different types of risks in bank operation; for instance‚ interest rate risk‚ credit risk‚ liquidity risk and operation risk. This essay will focus on the liquidity risk problem in bank and regulation countermeasure of liquidity risk. Regulators improved level of risk management after global financial crisis; therefore‚ the Basel Banking Supervision
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Ethics and Compliance Paper Ashley Blalock University of Phoenix Ethics and Compliance Paper Finance is often overlooked as a discipline that is independent from ethical boundaries. Finance is actually very strongly tied to social sciences‚ exploring the fiscal behavior of an organization. After the Sobanes-Oxley Act‚ established in 2003‚ an organizations’ ethical role with regard to finance has been reevaluated and reformed; unfortunately‚ it has taken the intervention of law to pass the
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Introduction An investor should be benefited from the construction project; the benefits include profits‚ business development‚ utilization of resources and jobs. The investors will be interested to invest in the project only when there are accurate forecasts that would provide long term benefits. The construction industry is highly uncertain‚ and there is a possibility of risk. As the risks influence the profits‚ it is important to anticipate the assumption of risks and be calculated into a feasibility
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HIPPA 1996 Health Insurance Portability and Accountability Act Erica Chapman HCA-210 7/15/2012 Sherika Derico HIPPA (1996) There are laws that protect all of our patient information from being exposed to others‚ one law in particular is HIPPA law of 1996 (Health Insurance Portability and Accountability Act). This law protects the privacy and security of all health information‚ whether it is on paper or electronically. HIPPA has two goals to make health insurance more portable for people
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the strengths and limitations of a range of assessment methods with reference to the needs of individual learners LO3: 3.1 Summarise key factors to consider when planning assessment 3.2 Evaluate the benefits of a holistic approach to assessment 3.3 Explain how to plan a holistic approach to assessment 3.4 Summarise the types of risks that may be involved in assessment in own area of responsibility 3.5 Explain how to minimise risks through the planning process LO4: 4.1 Explain the
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Managing Diversity | Sexual Orientation in the Workplace | | I am looking at what managing diversity is about‚ why and when it emerged and what problems and issues it is supposed to address. I will be investigating into sexual orientation in the workplace and will be looking through history at when employment became equal and what the perceptions are like at current. | Contents | Page | Diversity | 3 | Managing diversity and the concept | 3 | Trade unions and diversity‚ and the
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Regulatory Agency Paper Christy Dockery HCS/430 April 20‚ 2011 Reginald Bernard Regulatory Agency Paper Every healthcare organization should provide proof of accreditation. Accreditation assures any healthcare organization that the standards have been met and maintained. Joint Commission on The Accreditation of Healthcare Organizations (JCAHO) provides accreditation. JCAHO evaluates healthcare organizations that voluntary seek accreditation. JCAHO is made of individuals from the private
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FREE LEGAL AID INTRODUCTION India is a modern state that has accepted the concept of ’welfare state ’. Hence it has to work for the welfare of the general public. It is the function of the State to establish a just social order by enacting just laws and by providing equal opportunity to all to grow. Every Government is constituted to respond to the needs and aspirations of the people and to remove social inequalities among its citizens. This promotes social justice among poor and the downtrodden
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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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