Please see the below:
Read the “Risk Management Guide for Small Business” via the following link: http://www.significanceinternational.com/Portals/0/Documents/2005-sme-risk-management-guide-global-risk-alliance-nsw-dsrd.pdf
Select an organization with which you are familiar and write a paper with inclusion of one or more paragraphs for each of the following steps, using similar headings in your paper:
Risk Management Principles and Concepts. Summarize the principles and concepts of risk management, to include a definition of risk and an explanation of how risk management can contribute to the management and performance of a business.
Categories of Risk in Small Business. Recap the risks faced by a small business owner.
Risk Management Process. Identify the steps in risk management.
Applying Risk Management. Develop a risk management plan using a similar format provided in the template shown in Annex D, on page 66 of the Risk Management Guide. Attach the plan as an appendix item in your paper. Provide an explanation of the plan in the body of the paper.
Integration of Faith and Learning. Review the 3.1 Devotional scripture and Devotional reading. Integrate the concept of risk management with a response to the question posed in the devotional reading: How can you react to real threats with proper levels of concern, preparation and action?
Your paper should be 600 words in length, not including the title page, reference page, or appendix items.
Use APA format. Cite the risk management guide, Risk Management at Morgan StanleyAn Overview (attached) & Risk Management and the HR Executive – https://www.innovativeemployeesolutions.com/articl… . Each reference should be at least 3-5 pages and published within the last 3-5 years.
Federickson, V. (n.d.). Risk Management and the HR Executive. Retrieved February 06, 2017, from https://www.innovativeemployeesolutions.com/articl…
Brustbauer, J. (2016). Enterprise risk management in SMEs: Towards a structural model. International Small Business Journal, 34(1), 70-85.
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