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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BUSINESS ENVIRONMENT- ASSIGNMENT #2. Outcome | Evidence for the criteria | Detail criteria | Check | Understand the behaviour oforganisations in their marketenvironmentLO3 | Explain how market structures determine the pricing and output decisions of businessesExplain how market structures in the above case deviate determine the pricing and output decisions of businesses | - Market type as one of perfect competition‚ monopoly‚ monopolistic competition‚ oligopoly‚ duopoly.- Decisions of the company
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Andrew Wright‚ Phil and Film‚ Leaving Las Vegas Summary‚ February 12th‚ 2013 Leaving Las Vegas is an extremely powerful movie. It is somewhat slow-paced‚ but at the same time there is a great deal of suspense. The suspense stems from not knowing how the relationship between the two main characters‚ Ben (Nicholas Cage) and Sera (Elisabeth Shue)‚ is eventually resolved. After being fired from his job‚ Ben leaves for Las Vegas to drink himself to death. He runs into Sera‚ a prostitute‚ who decides
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Vermont teddy bear offer three separately manages brands: Vermont teddy bear (VTB)‚PajamaGrams‚ Calyx flowers though four different channel (retail‚ mail‚ phone‚ web).The receive high demand on Valentine’s day‚ Christmas and mother’s day. Their primary target is men in the age group of 18-54 who order last minute gifts to their girlfriends‚ wives‚ or mothers. VTB seeks to differentiate from other gift delivery services by offering a top quality customized product which can be delivered at their
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Certain Cash Contributions for Typhoon Haiyan Relief Efforts in the Philippines Can Be Deducted on Your 2013 Tax Return A new law allows you to choose to deduct certain charitable contributions of money on your 2013 tax return instead of your 2014 return. The contributions must have been made after March 25‚ 2014‚ and before April 15‚ 2014‚ for the relief of victims in the Republic of the Philippines affected by the November 8‚ 2013‚ typhoon. Contributions of money include contributions made
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TheoristMajor Concepts Process of Theory ProposedProcess-Driven Quality Requirements Customer-Driven Quality Requirements Company Example That Has Applied This TheoryDemingProblems in a process are not rooted in motivation or commitment of the workforce‚ but is due to flaws in the design of the system.PDCA cycle (plan‚ do‚ check‚ act). 14 points to transform management practices.Many of his 14 points are process-driven‚ such as breaking down barriers between departments will lead to a reduction of
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Risk Management Risk management is the process of evaluation and quantification of business risks in order to take the necessary measures to control or reduce them. Risk management in organizations includes the methods and processes used to manage risks and seize opportunities related to the achievement of their objectives. By identifying and proactively addressing risks and opportunities‚ business enterprises protect and create value for their stakeholders‚ including owners‚ employees‚ customers
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Introduction of Ansoff Matrix This well known marketing tool was first published in the Harvard Business Review (1957) in an article called ’Strategies for Diversification’. It is used by marketers who have objectives for growth. Ansoff’s matrix offers strategic choices to achieve the objectives. There are four main categories for selection. The market penetration strategy is the least risky since it leverages many of the firm’s existing resources and capabilities. In a growing market‚ simply maintaining
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Defense Logistics Information Service (DLIS) Outline 1. Introduction a. Scope b. Assign to departments c. Risk Matrix d. Risk mitigation plan e. Impact Analysis 2. (BIA) a. Departments b. Business Impact c. Costs Analysis 3. Recommendations (BIA) a. Business Impact Analysis Results b. Maximum Acceptable Outage 4. (DLIS) Business Continuity Plan a. Purpose b. Scope c. Plan Objectives d. Disaster definition e. Recovery teams f. Team member responsibilities g. Instructions
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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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