Evaluate the risk management techniques used by your employer, including employee benefit and physical location risk management. If you are not employed, please contact the instructor to determine an appropriate alternative. I am fine with any business you are familiar with or are able to get enough detailed information related to their risk management techniques to fulfil the requirements of the paper.
To expand on this description a bit, here are my expectations when grading the paper.
The paper should include the following topics:
A brief description of the business, its products, number of employees, location including city/state/neighborhood and demographics for the area, buildings and equipment owned and anything else you feel is important to better understand the risks the company may face.
Who manages the risk of the company, makes suggestions and decisions on how to manage these risks, obtains insurance coverage or other risk mitigating arrangements? What is this person’s title?
Using the material in the text regarding types of risk, identify several risks associated with the business practices. These should include risk of physical loss, material/equipment/inventory loss, injury risks, etc.
How are these risks managed/minimized by the company currently, and are there any other suggestions you have to better mitigate these risks?
Discuss any holistic/Enterprise Risk Management techniques used by the business.
Write a nice conclusion wrapping up your findings and major points/conclusions.
Also:
Submit a Microsoft Word document, double-spaced, using 12-point Times New Roman or Arial font, with one-inch margins.
Format the paper, including title page, reference list, and in-text citations using APA-7th style.
Paper should be 4 to 7 double-spaced pages in length.
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