Top of 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
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Assignment 1 How organizations use information Kieran Westgarth Contents What is Information? 2 Qualitative 2 Quantitative 2 Primary 2 Secondary 3 How is information used? 3 Sources of Information 3 External Sources 4 Internal Sources 4 Reliability of Data Sources 5 Good information 5 Valid 5 Reliable 5 Timely 6 Fit for Purpose 6 Accessible 6 Cost-effective 6 Sufficiently Accurate 7 Relevant 7 Having the right level of detail 7 From a source in which the user has confidence 7 Understandable
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costs of borrowing or make borrowing more difficult. In the next report‚ it should be shown that the main causes of the global credit crunch are sub prime mortgage crises in the US. Analyze the reasons that led to the sub prime mortgage crises and how they precipitated the global credit crunch. In a word‚ there are three reasons which lead to sub prime mortgage crises. Follow by the report‚ it should examine and explain the effects these crises‚ and compare two economies the US and Australia‚ use
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Robert O’Brien displays internal and external conflicts throughout the novel. The internal conflict built up character development as it showed the characters personality and thoughts‚ we discovered early in the story that Ann is a very powerful and intelligent teenager. The external conflict made a big dramatic impact on the book‚ as it showed the clash between the two main characters with Mr Loomis being the stereotypical male trying to overpower Ann physically. Both internal and external conflicts
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to understand how to improve and get new ideas. Team need to be able to take criticism without debating and arguing every point. We have training meeting which all staff attend held so that staff have the chance to share information‚ knowledge and experience. We also have supervisor meeting to discuss change within in the nursery and ask for help with anything. Other supervisor will discuss how they perform with the room and help with new supervisor who are still unsure how to manage staff. Team should
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INTRODUCTION Just as organisations have goals describing their primary business objectives‚ they also have goals with respect to controlling how these objectives are met. These are the control goals of an organisation which are enforced through a system of internal control. Such a system enables them to adhere to external laws and internal regulations‚ prevent and detect fraud and continuously enhance the overall quality of the business. Independent of the type of organisation‚ these internal control systems
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discover the unique thermal properties that keep coffee hotter on the inside‚ while the outside remains cool to hold. So in this case‚ the organisation needs to educate the customer about the purpose of the mug. Perhaps it doesn’t matter who defines the ‘Purpose’ so long as both sides eventually understand and agree with it. Without alignment between organisation and customer‚ meaning agreement with the ‘Purpose’‚ there will be no business transaction. The following two excerpts have not been
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Executive summary Conflict always happen around us in anywhere and anytime‚ conflict can be cause by any small matter but the affected to the relationship between people might be very serious. Nowadays‚ conflict not just happen among our own social life but it might be a serious problem among the global. Different countries have different culture and people‚ if we can’t study their diversity of culture well‚ even saying one words wrongly‚ it can be a very serious matter to them who are not same
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Management and Change Lecturer: Dr. Masroor‚PhD How Nestle Manages Its Global Environment Prepared by: Luminita Maria Birza Student ID: 1465 INDEX Read the case study “How Nestle Manages Its Global Environment” page 89 in your textbook and answer the following questions: 1. List various ways in which Nestle has attempted to manage its environment over time. 2. Why did Nestle change the methods it used to manage its environment? Nestlé‚ the world’s
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How an organisation communicates – Greenpeace Greenpeace is an ecological and pacifist international organisation‚ economically and politically independent‚ that does not accept donations or pressure from governments‚ corporations or political parties. Greenpeace “defend(s) the natural world and promote(s) peace” (Greenpeace‚ 2008). The funding for its campaigns depends entirely on voluntary contributions from members and sympathizers. Because Greenpeace is an NGO‚ it cannot invest large amounts
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