BBA 4226 Unit II Scholarly Activity

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BBA4226UnitIIScholarlyActivity.docx

Unit II Scholarly Activity

Risk Assessment

Complete the three parts of this assignment.

• In the space provided below, please provide a description of your business and your business’s specialty to provide and introduction and context for the assignment. Your description should consist of at least 100 words.

• Using the table provided below, list at least eight risks with which your business is faced, possible solutions for these risks, the risk type (P=process, M=marketing, F=financial, H=human resource, L=legal), and the risk impact to your business (L=low, M= medium, H=high). Remember that some risks can be applicable to more than one risk type.

Risk Description

Risk Type

Risk Impact

Potential Action for Improvement

• Please explain, in a paper of at least 500 words, how you determined whether each risk was low, medium, or high impact, and include a more detailed plan for improvement.