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Enterprise Risk Management
Risk Audit Report
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Individual Risk Audit Report
Using relevant information (company accounts, organisational reports, press releases etc.) undertake a risk audit on a company of your choice excluding the following companies; British Airways; Tesco plc; Emirates Airlines and Marks and Spencer as these companies are used as lecture examples.
Explain the risk management process applied to the chosen enterprise.
Identify, explain and evaluate the critical nature and impact of ONE INTERNAL and ONE EXTERNAL RISKS (of your choice).
As part of the audit, categorise the risks using the likelihood and impact grid.
Explain the appropriateness of the risk mitigating strategies identified in respect of the internal and external risks.
In addition, please note that credit will be given for
Module Learning Outcomes:
To understand the concept of enterprise risk management within dynamic business environments.
To critically analyse the stages in the process of risk management and the associated techniques that can be applied
To evaluate the application of various risk mitigating strategies.
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