Risk Management and Analysis

2020/2021- Semester II Risk Management and Analysis

THE COUNCIL OF COMMUNITY COLLEGES OF JAMAICA

BACHELOR’S DEGREE COURSEWORK

SEMESTER II – JANUARY 2021

PROGRAMME: BUSINESS ADMINISTRATION

COURSE NAME: RISK MANAGEMENT AND ANALYSIS

CODE: ACCT4804

YEAR GROUP: THREE

DUE DATE: APRIL 9, 2021

UNITS: FOUR & FIVE

ASSESSMENT TYPE: COURSEWORK – INDIVIDUAL 10%

INSTRUCTION:

1. This is an individua l assignment.

2. Research the areas below and present your findings.

3. A hard copy MUST be presented to the lecturer on the day of the presentation

4. The APA format MUST be maintained, and a declaration of authorship must be made.

5. This assignment represents 10% of final grade

2020/2021- Semester II Risk Management and Analysis

Que s tion 1 The recent coronavirus pandemic has posed great levels of uncertainty, levying significant risk

exposures in almost everyone’s domain. Families are scarred from premature deaths, loss of health,

as well as, loss of income. The extent of this uncertainty is unprecedented as there is no clear end

in sight.

Re quire d:

As a Risk Management Analyst, you are asked to prepare a detailed publication to the Board of

Directors advising on:

i. The risk exposures associated with life, health and loss of income. (20 marks )

ii. Discuss the impact these risk exposures have on families today. (10 marks )

iii. Suggest TWO (2) techniques families could have employed to mitigate or reduce

the costs associated with these risk exposures. (10 marks )

Total 40 marks