[SOLVED] 5-2 Report: Risk Impact Assessment

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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 assignment, 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 rubric criteria:

  • 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:
      • Operational
      • Strategic
  • 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.
  • Mitigation : Recommend a possible risk-prevention or mitigation strategy for each identified risk.

 

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