Homework
Overview
When performing an evaluation to determine the performance or health of a company, it is important to identify and evaluate any current or potential risks the company might face.
In this homework, you will perform a risk assessment for TransGlobal Airlines to better understand its business environment.
Prompt
Perform a risk assessment for TransGlobal Airlines and write a report describing the results.
Specifically, you must address the following criteria:
1) Identification: Identify two risks the company is facing, including at least one high-impact risk.
• Identify the balanced scorecard component each risk corresponds to.
• Classify the risk based on these two types:
o Operational
o Strategic
2) Evaluation : Determine whether the probability and impact of each identified risk is low, medium, or high. Justify your evaluation of the impact and probability of each risk.
3) Mitigation : Recommend a possible risk-prevention or mitigation strategy for each identified risk.
Format your homework according to the give formatting requirements:
• The answer must be using Times New Roman font (size 12), double spaced, and typed, with one-inch margins on all sides.
• The response also includes a cover page containing the student's name, the title of the homework, the course title, and the date. The cover page is not included in the required page length.
• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.