applied business risk audit

instructions

1. obtain current and relevant information (company accounts, organisational reports, press releases etc) and undertake a risk audit on British Airways.

2. regarding the above, identify and explain the nature of the following risks:
a. Internal Risks
– human resource risk
-information technology (IT) Risk
b. external risk
– economic recession
-environmental risk
3. as part of the audit, consider whether the risks identified above are critical or not to British airway’s financial survival.

4. suggest appropriate risk strategies to mitigate the risks you have identified above and critically evaluate their appropriateness to the organisation, company or mega event.

5. use at least two appropriate risk mapping models to underpin your answers.

6. a copy British airway’s latest annual report and snippets of key information used as part of the risk audit.

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