Please see attachment for full instructions – ONLY PHASE 1

In order to understand the process of how an organization responds to a risk situation, you will need to find two public cases of risk mitigation. In examining the two public cases, you will pay special attention to the legal, ethical, safety, environmental, cultural, political, and financial factors addressed by both.

Your goal will be to create a compare and contrast assessment of the two cases regarding the aforementioned considerations. The result of the two case comparisons will allow you to extract best practices while developing a risk management plan for the company you work for.

Requirements of Submission: Written components of your project must follow these formatting guidelines when applicable: double spacing, 12-point Times New Roman font, one-inch margins, and APA format for all elements. 2- to 3-page analysis of the Executive Summary by Ernst and Young Business Pulse 2013. (in attachment)

Answer preview

Running a business is no easy feat, and some huge companies have experienced the intricacies involved in the commercial landscape firsthand. The troublesome nature of the business landscape explains why risk management has become integral in running any organization. The term risk management contemplates the various steps taken to identify, evaluate, and control the factors that threaten an organization’s sustainability or earning capacity…

 

(1000 words)