Task 1
Outline two Risk Models
use diagrams to illustrate
state advantages and disadvantages of each model / theory
Compare and contrast between the two.
Task 2
Define Tort
Define the 6 types of tort
Explain the concept of negligence and why this is so important for risk managers
Explain the relevance of the concept of foreeability
give 2 examples of criminal negligence / Civil negligence from a related industry (use hospitality industry)
Explain why tort is important to risk managers
Task 3
Define business continuity
Explain that it includes contigency pla nninng and crisis management and define these
explain why business continuity is important to businesses
Explain the business continuity management cycle
outline what is meant by critical processes
outline the concept of criticality and give time frames
Task 4
For an industry of your choice do a pestle analysis (do not include this in your answer, it can/should be included in appendix – it is simply that you need to do this to be able to answer the question)
After you have done this, explain what you think are the biggest risks to your industry (hospitality) and why. using statisitics, quotes from journals / business magazines etc to justify your answer
Task 5
Outline what controls you would put in to control these risks. ie hard and soft controls
Please make sure to use harvard referecing, in-text citations and reference list, use websites as well as books/journals/articles etc.
Do reference each definition/concept/examples you use.