Assignment:
1. Identify three consequences of regulatory risk
2. What do organisational policies and procedures set out to achieve?
3. List eight types of business risk.
4. List three methods you could use to identify risk scope.
5. Give three options you could use to treat risk.
6. What are the five key elements of the risk management process?
7. Describe in your own words how you would manage the following risks:
- Income loss due to interrupted operations
- Seasonal slumps
- Damage to reputation.