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IBUS 1000 Managing International Business Risk Report

Assessment 1: Individual Report (20%) (1500 words +/-10%)

管理国际业务代写 Applying the Core Risk and Risk Management Concepts and Theory in International Business • Using a two-part report; in Part A: Discuss the

Applying the Core Risk and Risk Management Concepts and Theory in International Business

• Using a two-part report; in Part A: Discuss the importance and role of the knowledge of risk and risk management in international business.

• Provide 4 relevant real world examples of where and how risk management knowledge is used within the internal company operations of any international business company and industry of your choice.

• In Part B of your report apply Risk Management Framework 1 to your chosen

international business company and industry by identifying, ranking, and prioritizing 4 risks that your particular chosen company faces within its external environment.

• Briefly outline a strategy to manage the most high impact and highest likelihood risk

your chosen company faces.

(Risk management framework 1 is Figure 1: ‘How to prioritize risk’ in ‘The boardroom imperative on internal control’)

Each student needs to submit a report written individually (1500 words + or – 10%).

This assignment has two main purposes. It requires you to:

1. Apply risk and risk management concepts and theory to the activities of a specific

organization; and

2.Prepare a formal written report.

Assessment Requirements 管理国际业务代写

Using the learning from our module 1 / week 1 folder and workshop and learning Activities:

1. Identify and discuss the importance and role of the knowledge of risk and risk management in international business.

2. Provide 4 relevant real world examples of where and how risk management knowledge is used within the internal company operations of any international business company and industry of your choice.

3. Apply risk management framework 1 to your chosen international business company and industry by identifying, ranking, and prioritizing 4 risks that your particular chosen company faces within its external environment.

4. Outline a strategy to manage the most high impact and highest likelihood risk your chosen company faces.

5. Use a report format

Step 1 –

Identify and discuss the importance and role of the knowledge of risk and risk management in international business (see the course reading for week 1: The boardroom imperative on internal control)

Step 2 –

Provide 4 relevant real world examples of where and how risk management knowledge is used within the internal company operations of any international business company and industry of your choice (refer to the Powerpoint slides for week 1)

Step 3 – 管理国际业务代写

Choose any multinational company and provide a brief overview of the company (its size, profits, number of staff, head office, worldwide office locations, key products and services and general risk characteristics of the industry/sector) (refer to the company website).

Step 4 –

Apply risk management framework 1 to your chosen international business company and industry by identifying, ranking, and prioritizing 4 risks that your particular chosen company faces within its external environment.

Step 5 –

Research the required information to complete Part A and Part B of the report as outlined below. Follow the criteria standards matrix rubric as a guide to your headings and sub- headings. Use a numbering system for headings and sub-headings and all conventions of the report format.

Apply risk management framework 1 to your chosen international business company and industry by identifying, ranking, and prioritizing 4 risks that your particular chosen company faces within its external environment.

Report format and structure 管理国际业务代写

Read together with ‘IBUS 1000 Sample Report’

I Title Page (should stand alone on its page)

II. Executive Summary (should stand alone on its page)

III. Table of contents (should stand alone on its page)

1. Introduction:

It’s advisable to write the introduction last as it overviews each of the areas/sections/sub-heads included in the report. Use future tense in your language, e.g. “This report will…” Remember an introduction should not include the conclusion.

The purpose is to introduce the contents of the report i.e. ‘This report discusses the importance and role of the knowledge of risk and risk management in international business organization…,

…. Introduce the chosen company, its product line and industry/sector, then finally

…. Introduce the elements of the report, and the structure / organisation of the report (For example, section 2 discusses…, section 3 addresses, in section 4, the report makes recommendations, section 5… etc).

2. The Core Risk Concepts: 管理国际业务代写

2.1. Define and describe what risk is, what a risk event is, what risk management is,

2.1.1

Describe the characteristics and features of risk and risk management,

2.1.2

Describe the importance and role of the knowledge of risk and risk management i.e. the benefits and uses of the knowledge of risk management to the company (see the course reading for week 1: The boardroom imperative on internal control)

2.2. Where and how risk management knowledge is used within the company

Clearly identify and mention your selected company again.

2.2.1

Identify and describe 4 relevant real world examples of where and how risk management knowledge is used within your selected company, describe its internal company operations where risks arise and where/how such risks are managed.

2.2.2

Briefly describe general internal risks specific to the industry of your selected company (e.g. we all know that a food & beverage company’s fear is the internal risk of contamination whether it is Coca-Cola, Kraft, Nestle or McDonalds).

2.3. Risk Identification, Ranking and Prioritization

Using your selected company as an example (directly mention its name again), describe and explain 4 types of risks that the company faces in its external environment and external risks common to the industrial sector in which your chosen company operates.

2.3.1

Focusing on your selected company and the 4 external risks you have identified as

impacting your chosen company, apply risk management framework 1 to the 4 external risks identified. Classify and rank them according to the framework.

2.3.2 管理国际业务代写

Briefly discuss why you think each one should fall in the ranking category where you

have placed it. Ensure to identify and be clear on the most urgent external risk and

explain why.

A: High Impact / High Likelihood

B: High Impact / Low Likelihood

C: Low Impact / High Likelihood

D. Low Impact / Low Likelihood

2.4 Recommended Risk Management Strategy:

In this section, outline a strategy to manage the risk with the highest impact and highest likelihood of occurrence that your chosen company faces.

2.5.Summary and Conclusion:

This is a short paragraph reiterating the main issues outlined. Use past tense for this, for

example, “This report has outlined…..” or “This report has identified…”. Do not use dot points.

3. REFERENCE LIST (APA):

Please start on a fresh page (stand alone on its page). You can cite the course readings, the textbook, the company’s website to integrate theory and application as a minimum. Also ensure that you use in-text APA referencing and APA referencing style in your reference list.

4. RELEVANT APPENDICES IF ANY 管理国际业务代写

• Word Limit: (1500 words +/-10%)

• Submit to Turnitin before 11:59pm on: Name the file being submitted as

Studentid_FirstName_LastName_Session day_Session time e.g.: C311xxxx_Jacqui Mon_9am- 11am

We are looking for your ability to explain things both in theoretical terms and through practical application of the theory to the particular case company.

This is not a data gathering exercise; hence, we are not evaluating your capacity to gather data about the company/ business. However researching the information from week 1 is essential.

You may make assumptions about your selected company where practicable if their website lacks the data you need. Please state any assumptions you make.

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