Question: Risk Management Case Study Assignment #2 Read the case provided and then identify the risk exposures your group can identify as a concern and how




Risk Management Case Study Assignment \#2 Read the case provided and then identify the risk exposures your group can identify as a concern and how it can be addressed using the content and corresponding concepts from Chapters 16, 19 and 25. Your submission should touch on concepts from each chapter. The submission will be in group format of 3-5 students and only 1 copy needs to be submitted with all names and student numbers of the group participants noted on the title page. Individual submissions will not be accepted and will receive a grade of 0 . If you use any resources outside of your text or course material, please note APA referencing is required. Remember that your project can be supported with outside documentation. Web based material is fine if it is reliable and relevant. Ensure you cite that material and do not just plagiarize. This is worth 10% of your final grade and will be marked out of 20. Your responses should be provided within the chart format laid out below. You can use point form in the chart format, but need to be further explained in full sentence structure. le. based material is fine if it is rellable and relevant. Ensure you cite that material and do not just plagiarize. This is worth 10\% of your final grade and will be marked out of 20. Your responses should be provided within the chart format laid out below. You can use point form in the chart format, but need to be further explained in full sentence structure. le. Further explanation to identify HOW this recommendation will help manage the risk identified and should be noted in the above chart location where it states "FULL SENTENCE GOES HERE" and it is ok if there is more than one sentence to explain the thought process. The Risk There is a medium sized roofing company that is family owned and operated. There are currently 100 employees holding positions from office admin, secretary, inspectors, and general roofing labourers which are of varying experience. Operations consist of the following: - Inspections of locations for the following purposes: estimation preparation for home sales/resales leaks and potential repairs and subsequent repair work estimation complete removal, and replacement to adding an additional layer of shingles or patchwork for repairs installation of varying roofing materials from: - asphalt shingles, - cedar shake, asphalt, - tar and gravel (flat roof), - Aving roof, - clay tile and - metal - act as a distributor for those who want to order high quality roofing supply products and complete the work themselves - delivery of roofing materials to the jobs site all other employees are required to use their own vehicles to and from job sites and for running small errands during work hours or for work purposes (ie. Run to a Home Depot for additional nails, etc.) internet presence with a website and customers ability to provide reviews (that are not company selected and reviewed first) payment forms are typically done as a deposit to get the job start ( 50% of estimate required as a deposit) and the remainder due on day of completion of the job and taken on the job site or their main office acceptable payment forms are cash, bank draft, or credit card accounting is completed at the main office with the Accountant and assistance logging all accounts receivable/payable, and payroll main office location is Main Street W in Hamilton (in a renovation/industrial type of strip - acceptable payment forms are cash, bank draft, or credit card accounting is completed at the main office with the Accountant and assistance logging all accounts receivable/payable, and payroll main office location is Main Street W in Hamilton (in a renovation/industrial type of strip mall that also houses a flooring supplier, paint store, home interior dcor and staging store, as well as a stucco and brick company) Risk Management Case Study Assignment \#2 Read the case provided and then identify the risk exposures your group can identify as a concern and how it can be addressed using the content and corresponding concepts from Chapters 16, 19 and 25. Your submission should touch on concepts from each chapter. The submission will be in group format of 3-5 students and only 1 copy needs to be submitted with all names and student numbers of the group participants noted on the title page. Individual submissions will not be accepted and will receive a grade of 0 . If you use any resources outside of your text or course material, please note APA referencing is required. Remember that your project can be supported with outside documentation. Web based material is fine if it is reliable and relevant. Ensure you cite that material and do not just plagiarize. This is worth 10% of your final grade and will be marked out of 20. Your responses should be provided within the chart format laid out below. You can use point form in the chart format, but need to be further explained in full sentence structure. le. based material is fine if it is rellable and relevant. Ensure you cite that material and do not just plagiarize. This is worth 10\% of your final grade and will be marked out of 20. Your responses should be provided within the chart format laid out below. You can use point form in the chart format, but need to be further explained in full sentence structure. le. Further explanation to identify HOW this recommendation will help manage the risk identified and should be noted in the above chart location where it states "FULL SENTENCE GOES HERE" and it is ok if there is more than one sentence to explain the thought process. The Risk There is a medium sized roofing company that is family owned and operated. There are currently 100 employees holding positions from office admin, secretary, inspectors, and general roofing labourers which are of varying experience. Operations consist of the following: - Inspections of locations for the following purposes: estimation preparation for home sales/resales leaks and potential repairs and subsequent repair work estimation complete removal, and replacement to adding an additional layer of shingles or patchwork for repairs installation of varying roofing materials from: - asphalt shingles, - cedar shake, asphalt, - tar and gravel (flat roof), - Aving roof, - clay tile and - metal - act as a distributor for those who want to order high quality roofing supply products and complete the work themselves - delivery of roofing materials to the jobs site all other employees are required to use their own vehicles to and from job sites and for running small errands during work hours or for work purposes (ie. Run to a Home Depot for additional nails, etc.) internet presence with a website and customers ability to provide reviews (that are not company selected and reviewed first) payment forms are typically done as a deposit to get the job start ( 50% of estimate required as a deposit) and the remainder due on day of completion of the job and taken on the job site or their main office acceptable payment forms are cash, bank draft, or credit card accounting is completed at the main office with the Accountant and assistance logging all accounts receivable/payable, and payroll main office location is Main Street W in Hamilton (in a renovation/industrial type of strip - acceptable payment forms are cash, bank draft, or credit card accounting is completed at the main office with the Accountant and assistance logging all accounts receivable/payable, and payroll main office location is Main Street W in Hamilton (in a renovation/industrial type of strip mall that also houses a flooring supplier, paint store, home interior dcor and staging store, as well as a stucco and brick company)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
