Question: This week please identify pre-loss objectives and also identify post-loss objectives. They are listed on page 49. Notice there are three pre-loss objectives and there


This week please identify pre-loss objectives and also identify post-loss objectives. They are listed on page 49. Notice there are three pre-loss objectives and there are five post-loss objectives. You can identify one of each pre and post loss objectives and or elaborate and identify more objectives. The current event article doe not have to be published in week's time. You can use the internet resources listed in the end of the chapter on p. 65 and 66 . You can also use the financial websites you have been using thus far for your weekly required current events. Please think like a Chief Risk Officer when you are constructing your objectives. You can be creative an suggest ideas for both the pre and post loss objectives. One page double spaced typed and two paragraphs 14 font and include your article. Please copy and paste your article in your documen so that you submit so one document. You can add a page break in between your summary and your article. City Bus Corporation provides school bus transportation to public schools in Lancaster County. City Bus owns 50 buses that are garaged in three different cities within the county. The firm faces competition from two larger bus companies that operate in the same area. Public school boards generally award contracts to the lowest bidder, but the level of service and overall performance are also considered. a. Briefly describe the steps in the risk management process that should be followed by the risk manager of City Bus. b. Identify the major loss exposures faced by City Bus. c. For each of the loss exposures identified in (b), identify a risk management technique or combination of techniques that could be used to handle the exposure. d. Describe several sources of funds for paying losses if retention is used in the risk management program. e. Identify other departments in City Bus that would also be involved in the risk management program. This week please identify pre-loss objectives and also identify post-loss objectives. They are listed on page 49. Notice there are three pre-loss objectives and there are five post-loss objectives. You can identify one of each pre and post loss objectives and or elaborate and identify more objectives. The current event article doe not have to be published in week's time. You can use the internet resources listed in the end of the chapter on p. 65 and 66 . You can also use the financial websites you have been using thus far for your weekly required current events. Please think like a Chief Risk Officer when you are constructing your objectives. You can be creative an suggest ideas for both the pre and post loss objectives. One page double spaced typed and two paragraphs 14 font and include your article. Please copy and paste your article in your documen so that you submit so one document. You can add a page break in between your summary and your article. City Bus Corporation provides school bus transportation to public schools in Lancaster County. City Bus owns 50 buses that are garaged in three different cities within the county. The firm faces competition from two larger bus companies that operate in the same area. Public school boards generally award contracts to the lowest bidder, but the level of service and overall performance are also considered. a. Briefly describe the steps in the risk management process that should be followed by the risk manager of City Bus. b. Identify the major loss exposures faced by City Bus. c. For each of the loss exposures identified in (b), identify a risk management technique or combination of techniques that could be used to handle the exposure. d. Describe several sources of funds for paying losses if retention is used in the risk management program. e. Identify other departments in City Bus that would also be involved in the risk management program
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