Propose strategies for addressing risk

Assignment Help Business Management
Reference no: EM1337858

Suppose your college or organization is considering a new project that would involve developing an information system that would allow all employees and students/customers to access and maintain their own human resources-related information, such as address, marital status , tax information, and so on. The main benefits of the system would be a reduction in human resources personnel and more accurate information.

For example, if an employee, student, or customer had new telephone number or e-mail address, he or she would be responsible for entering the new data in the new system. The new system would also allow employees to change their tax withholdings or pension plan contributions. Identify five potential risks for this new project, being sure to list some negative and positive risks. Provide a detailed description of each risk and propose strategies for addressing each risk.

Reference no: EM1337858

Questions Cloud

Explain social entrepreneurship and profits : Explain Social Entrepreneurship and Profits and Social entrepreneurs generally attempt to create win-win situations and make the world a better place
Define boiled frog phenomenon : Define boiled frog phenomenon.  What could the business have done to avoid the effects of the phenomenon?
Origin of romans : How did the ancient Romans describe their origins? How did the Roman Republic function ?
Explain evaluating three growth strategies for a small firms : Explain Evaluating three Growth Strategies for a Small Business and Funding for Infrastructure and Development
Propose strategies for addressing risk : Assume your college or organization is considering a new project that would involve developing an information system that would allow all employees and students/customers to access and maintain their own
Different investment appraisal methods : These different investment appraisal methods provide different types of information for investment decision makers.
Debt financing-key informaiton : What benefit is it to a firm to buy back some of its common stock, increase use of internal financing instead of external financing
Explain what are the relationships between r&d spending : Explain what are the relationships between R&D spending and patents and economic performance
In brief discuss xml and its standards : create some example code using XML and the corresponding DTL for the tags used in the XML.

Reviews

Write a Review

Business Management Questions & Answers

  Ethical dilemmas and global management

Determine the greatest ethical dilemmas which are created by the globalization and best way to address those dilemmas. Give specific examples to support your response.

  Organizational analysis of facilities

Discuss the background of both facilities in this area and will provide an organizational analysis of these facilities as well.

  Explaining personalized charismatic leader

In what ways might a personalized charismatic leader have quite different motives for leadership than a servant leader?

  Structure of global hamburger chain industry

Analyze the structure of the global hamburger chain industry relevant to Jollibee; and (b) Analyze the external business environment of Jollibee in California.

  Foreign market research

Select three countries from this region and read Country Commercial Guides report sort materials provided on that country. Select the country which you believe would be most conducive to the small business owner trying to break in a foreign market.

  Level of professional competence in problem solving

What do you think is the level of professional competence in problem solving, written and oral communication skills, information retrieval and utilization.

  Reasons for over-representation of african-american

Describe some of the reasons for over-representation of African-American males in prison. Describe the issues related to the problems facing Native American youth who leave the reservation. In contrast, describe the problems of Native Americans who..

  Design strategies for project steering

Suppose that an analysis team did not generate alternative design strategies for consideration by a project steering committee or client. What might the consequences be of having only one design strategy?

  Similarities between diversity and group dynamics

Discuss in a managers meeting the differences and similarities between diversity and group dynamics or development.

  Use decision tree to solve the problem

Use decision tree to solve the problem workplace.

  International business environment

Prepare a report choosing a business describing the strategic options

  Codes of conduct have on the decision-making behaviour

What influence do you believe these codes of conduct have on the decision-making behaviour of their members or employees. Are there ramifications for violations. How wide are the ramifications

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd