Question: Assignment Question ( 1 5 mark ) You are a risk manager of an SME company that have been operating for at least five years
Assignment Question mark
You are a risk manager of an SME company that have been operating for at least five years in Saudi Arabia and they plan to expand their businesses in the next five years. Your company has more than branches all over the kingdom, more than employees, and annual budget of SAR and average of profitability. You have been requested to develop and submit a risk assessment report to the Board of Directors highlighting the significant risks that could affect the achievement of the strategic goals and objective of the company in the next years.
First: Before moving to the next steps, you must make your decision about selecting one of the following business domainsectors classifications that your SME company belong to:
Healtcare products and servicecs
Second: By using your risk management skills, historical information about the business of your company classification, the local business environment that the company operates within, and your company strategic goals and objective statement; you are required to complete the following:
Conduct a risk identification process to identify at least major risks using FIRM classifications method, and by applying Root Cause Analysis RCA using the Whys approach Please include explanatory written paragraphs, tables and graphs
For
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