Write a Term paper on the topic "the risk management process in context to a manufacturing firm".
The term paper should include the introduction, body and conclusion.
This study is about the implementation of risk management process at a manufacturing company of our choice i.e. coca cola limited. The discussion below mostly refers on how to implement risk management process and where to implement it. The purpose of risk management is to ensure that all the risks (process, system, people, external events and financial risk) are managed effectively so that the company can achieve it`s expected results.
Table of content
Introduction
Methodology
Body
Step 1; Setting of risk management policy by the board of directors.
Step 2; Setting of risk management objects by management in accordance with the set policy.
Step 3; Risk identification process.
Step 4; Risk analysis.
Step 5; Development of alternative risk management.
Step 6; choosing the best risk management strategy.
Step 7; Implementation of the chosen strategy.
Step 8; Monitoring, evaluation and review.
Evaluation
• Your work must be submitted as 2000 words.
• All work must be referenced using the Harvard /APA method.
• Provide a reference list.