Assess the 2 key risks faced by a ‘real-world’ business, organization or government of your choice. Suggest how your selected entity could better deal with your 2 identified risks.
So in other words, you have 2 risks from real-world’ business, organization or government & for each risk you have 1 solution how they could be fixed. So you have 2 solutions. 1 solution for each risk.
You can choose any ’real-world' business, organization or government and you can focus on any type of risk covered in the Unit. For example, you might focus on how a technology company such as Google might face risks related to infrastructure failure or cyber-attack, or how an airline such as Qantas might face risks from volcanic eruptions or severe weather events.
Here is the structure of this paper:
Introduction (Suggested about, 200 words) Briefly justify why you have chosen your 'real-world' business, organisation or government. Please draw on relevant practice literature (e.g. company websites, reports or Press coverage). You are not required to include references to academic readings in your introduction.
Risk Identification (Suggested about, 500 words) Drawing upon academic literature and practice literature explain how you have identified the 2 key risks that face your selected ‘real-world' business/company, organisation or government?
Recommendations (Suggested about, 500 words) Drawing upon academic literature make 2 key recommendations as to how you would better deal with the 2 keys risks identified. So in other words, you have in total 2 recommendations/solutions. 1 for the first key risk identified and then another 1 for the next key risks identified.