Your paper should meet the following requirements:
Requirements: 5 page
Be approximately four to six pages in length, not including the required cover page and reference page.
Follow APA7 guidelines. Your paper should include an introduction, a body with fully developed content, and a conclusion.
Support your answers with the readings from the course and at least two scholarly journal articles to support your positions, claims, and observations, in addition to your textbook. The UC Library is a great place to find resources.
Be clearly and well-written, concise, and logical, using excellent grammar and style techniques. You are being graded in part on the quality of your writing.
Answer preview
The second component is risk assessment. All organizations deal with various risks within their internal and external environments (Rae et al., 2017). Risk generally denotes the possibility of an event occurring and adversely affecting the attainment of organizational objectives (Rae et al., 2017). Risk assessments entail identifying and assessing risks to facilitate the attainment of organizational objectives. Risks undermining the attainment of these objectives are assessed related to an organization’s established risk tolerances (Rae et al., 2017). Risk assessment serves as the foundation for ascertaining how an organization will manage its risks. Before performing risk assessments, organizations should establish their objectives and ensure they are linked at different levels of the company (Rae et al., 2017). Specifically,
