5 pages report

bomma
Instructions.docx

Require a report which demonstrate an understanding of risks and risk management of my organization (McDonald’s restaurant) which includes a risk management plan with a risk matrix, implementation plan, timelines, and estimated costs

Please prepare the report based on the below questions:

1. Make a list of the five most important risks your organization is facing, in your opinion. Briefly define and describe each of your characteristics. To create your list, consider the supply chain beyond your company.

2. Rate the severity and probability of each risk and explain your rationale

Risk

Impact

Probability

Severity

Weighted rating

Financial

Customer

Political

Operations

3. Identify the strategy you will use for each risk (mitigation, avoidance, and acceptance) with a full explanation of why you selected that strategy and what it involves.

4. Draft a plan to communicate and resolve one of the risks identified