Question

In: Accounting

Assess and investigate the potential impact of the risk factors you’re your organisation faces The coronavirus...

Assess and investigate the potential impact of the risk factors you’re your organisation faces
The coronavirus epidemic has changed the way organisations are working.   

Your task is to assess the impact of the epidemic on your university.


a)   Explain how the analysis helps to identify risk for your university??

Solutions

Expert Solution

1. The coronovirus risk is something which will be there with you till a cure or vaccination is being found but that would take some time as all of the cures or vaccination are under the testing process but in the meantime the buisness or economy cannot be stopped or put on hold becasue life needs to move and so does the economy

2. The major issue impact for the universities during this epidemic time is admission of the students as the virus is so contagious it would be very difficult that students would come and attend the lectures/classes which would impact the major revenue of the company ...........Will need to analyse what is the alternate method for the same ... if there are students who all are staying in campus then testing for all of them can be done to ensure that there are no positive cases and then restrict them not to go outside the campus nor any entry would be allowed insdie ... even the teachers would need to stay in the campus itself ... This will ensure the studies are not impacted and the risk of the epidemic spreading is also reduced But if staying in campus is not possible then the online classes needs to be done it needs to be ensured that students as well as teachers are well acquainted with it and also it needs to be ensured that all students attend the online classes and all teachers complete the syllabus via online methodology and the same can be ensured by some credit rating on presence or on some assignments given to students while for teachers it can be asssured to be implement this in their appraisals

3. As the admission process has begun there would be lot of enquiries coming across but as the office is closed the response time to the applicant would increase resulting in the applicant choosing some other university ...... The staff can be assigned a dedicateed phone which they can answer from their home and even the email access is given to them with proper authorisation and approval so that all admission queries are answered and taken care of .Details of the new number and email id can be updated on th university website

4. Graduation ceremony for those who have passed cannot be kept as a result you would miss on some the major social activities of the university:...................... There is no option as social distancing is the most required thing during this crucial coronovirus thing hence this needs to be postponed may be their Certificates can be emailed and later courier them the hard copy or they can be given in the graduation ceremoney once the epidemic fear is gone


Related Solutions

Assess and investigate the potential impact of the risk factors you’re your organisation faces The coronavirus...
Assess and investigate the potential impact of the risk factors you’re your organisation faces The coronavirus epidemic has changed the way organisations are working.    a)   Your task is to assess the impact of the epidemic on your college . Use an appropriate business analysis model for your analysis. Pestle? P – Political: E – Economic: S – Social: T – Technological: E – Environmental: L – Legal:
A study was conducted to investigate potential risk factors for ectopic pregnancy. Of the 279 women...
A study was conducted to investigate potential risk factors for ectopic pregnancy. Of the 279 women who had experienced ectopic pregnancy, 28 had suffered from pelvic inflammatory disease. Of the 279 women who had not experienced ectopic pregnancy, 6 had suffered from pelvic inflammatory disease. Construct a 2x2 contingency table for these data. Estimate the relative odds of suffering ectopic pregnancy for women who have had pelvic inflammatory disease versus women who have not. Interpret your result. Construct a 95%...
Discuss risk factors and their impact on valuation.
Discuss risk factors and their impact on valuation.
The problem facing a manager is to assess the impact of factors on​ full-time (FT) job...
The problem facing a manager is to assess the impact of factors on​ full-time (FT) job growth.​ Specifically, the manager is interest in the impact of total worldwide revenues and​full-time voluntary turnover on the number of​ full-time jobs added in a year. Data were collected from a sample of 20 ​"best companies to work​ for." The data includes the total number of​ full-time jobs added in the past​ year, total worldwide revenue​ (in $millions), and the​ full-time voluntary turnover​ (%)....
choose any organisation of your choice be it service or manufacturing related, investigate the following; 1,...
choose any organisation of your choice be it service or manufacturing related, investigate the following; 1, identify clearly and state the organisation's product and service and the customers for those product and or services
a. What is Coronavirus? b. Where did it originate from? c. What are the risk factors?...
a. What is Coronavirus? b. Where did it originate from? c. What are the risk factors? d. Who is at the greatest risk? e. How is the virus spread? f. What are the signs & symptoms? g. Is there treatment? What is it? h. What can be done to reduce the spread of the disease? i. Explain what “Social Distancing” is, and how it helps to reduce the spread of disease. j. Describe resources in your community.
In the context of risk assessment (RA), assess the value of a business impact analysis (BIA)....
In the context of risk assessment (RA), assess the value of a business impact analysis (BIA). Compare and contrast the RA process to the BIA process.
Many factors influence the culture of an organisation. Your task List three (3) factors that influence...
Many factors influence the culture of an organisation. Your task List three (3) factors that influence the culture of and organisation and explain each. Now create a list of the factors that determine the culture in an organisation of which you are now or have been part. Categorise them as positive or negative. Are there any factors in both categories? Explain why this might happen Please place your answers to the above questions on the module 5 discussion forum. The...
Discuss the impact of ICT on marketing. For an organisation of your choicerecommend a suitable use...
Discuss the impact of ICT on marketing. For an organisation of your choicerecommend a suitable use of e-marketing tools. Explain how your suggestedsolution impacts upon the company’s transaction costs.
Discuss the impact of ICT on marketing. For an organisation of your choice recommend a suitable...
Discuss the impact of ICT on marketing. For an organisation of your choice recommend a suitable use of e-marketing tools. Explain how your suggested solution impacts upon the company’s transaction costs.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT