Question 1
Describe a Business Continuity Management System including its
BIA Strategies, plans, and Tests and Exercises that would be
appropriate for the Organization. Justify your chosen strategies
and type of exercises.
Question 2.
A) Outline key/distinguishing characteristics and objectives of
Emergency Management, Crisis Management, Disaster Recovery Planning
and Business Continuity Management? Provide brief examples of
relevant past real world incidents requiring initiation of each of
these activities.
B) What is Business Continuity Management? List and explain in
details the...
Define business
risk and explain its two dimensions.
Describe the steps
in the risk management process in small firms.
Discuss the many
types of risk in a business such as shoplifting (both internal and
external), and theft, name some more.
Describe the alignment between the three different types of
business strategies and its association with HRM strategies and
functions. What business strategy has Xiaomi adopted and how would
this strategy impact their SHRM approach? Question 2 Given that
Xiaomi has grown its international operations significantly in the
last 7 years, the company has had to adopt an aggressive
recruitment and training strategy. Based on the systems approach to
HRD, the first step of the process is to conduct a HRD...
Describe the alignment between the three different types of
business strategies and its association with HRM strategies and
functions. What business strategy has Xiaomi adopted and how would
this strategy impact their SHRM approach? ( should apply on Xiaomi
about 600 words)
1. Explain the management of financial risk faced by
companies!
2. Explain the management of non-financial risk faced by
companies!
3. Provide examples of financial and non-financial risks faced at
your workplace and how does it manage the risks?
Business continuity is the management of a sustainable process
that identifies the critical functions of an organization and
develops strategies to continue these functions without
interruption or to minimize the effects of an outage or loss of
service provided by these functions. It develops the capability and
the plans to implement the strategies and lists the resources
necessary to support these operations. Explain Why Business Impact
Analysis should be carried out and outline the importance of
Continuous Improvement in having...
Describe financial risk management, and how it can effectively
be used by a sports business. What risk management strategies would
be used to protect the business’ finances?