Topic #1 – Risk Assessment Current Event
Select an article on a current business or nonprofit organization decision in the news.
Carefully:
1) Provide an overview of the article;
2) Identify all the potential risks involved. It is acceptable to use your imagination; (consider boundaries, limitations, cultural influences, and stakeholders’ expectations)
3) After identifying the risks, categorize your reasoning, as follows:
- Low risk:May be acceptable due to low probability or limited consequences. Explain your reasoning for each risk.
- Moderate risk:Moderate probability or consequences, which may be mitigated or minimized by some action or countermeasure. Explain your reasoning for each risk.
- High risk:High probability and high consequences. This risk cannot be tolerated and must be fully resolved before the decision is implemented. Explain your reasoning for each risk.
4. Provide in-text citations and references.
