Coursework assignment

of the following questions and write an essay of not more than 2000 words to answer
it.
1. What types of companies and organisations, and what kinds of organisational cultures, if
any, might be most likely to sustain commitment to thoughtful and mindful use of risk
assessment methods and strategies of management, not just carefully documented “risk
administration”? (50/100 marks) How far can managers effectively change existing
organisational cultures to support thoughtfulness in risk assessment and risk management?
(50/100 marks) To support your answer, compare cases (which may be industries or may
be companies or organisations) from at least two different industries, using sources drawn
for the module reading lists, but carry out additional searches of your own for further
sources.
2. Under what circumstances can we realistically expect that companies’ risk communication
strategies can persuade consumers (or people living or working near a production site) that
a product or service (or a production process) is safe, if consumers (or local residents) are
sceptical, and if there are social movements are arguing loudly that it is not safe? (100/100
marks) To support your answer, compare cases (which may be industries or may be
companies or organisations) from at least two different industries, using sources drawn for
the module reading lists, but carry out additional searches of your own for further sources.
3. Small businesses, startups and nonprofit organisations are known struggle to implement
some elements in the typical approaches to assessing and managing risks. Conversely, the
cheaply implemented elements of risk assessment tend to be the most subjective. Which
aspects of the risk assessment and risk management toolkit could be adopted by most small
businesses and startups and nonprofit organisations, and which might be most difficult for
them to implement and why? (50/100 marks) Apart from just accepting an increased risk
appetite, which elements in risk assessment and risk management could small businesses
be expected implement, within the constraints of their staffing and their data sets and of
the industries in which they tend to cluster, that might make material difference to their
handling of risks, and why? (50/100 marks) To support your answer, compare cases (which
may be industries or may be companies or organisations) from at least two different
industries, using sources drawn for the module reading lists, but carry out additional
searches of your own for further sources.

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