Essay IBUS-1000 – Managing International Business Risk – Report Writing – Management Assignment Help

Assignment Task

Appying the Core Risk and Risk Management Concepts and Theory in International Business
• Using a two-part report; in Part A: Discuss the importance and role of the knowledge of risk and risk management in international business.
• Provide 4 relevant real world examples of where and how risk management knowledge is used within the internal company operations of any international business company and industry of your choice.
• In Part B of your report apply Risk Management Framework 1 to your chosen international business company and industry by identifying, ranking, and prioritizing 4 risks that your particular chosen company faces within its external environment.
• Briefly outline a strategy to manage the most high impact and highest likelihood risk your chosen company faces.
(Risk management framework 1 ‘How to prioritize risk’ in ‘The boardroom imperative on internal control’)

Each student needs to submit a report written individually.
This assignment has two main purposes. It requires you to:
1. Apply risk and risk management concepts and theory to the activities of a specific organization; and
2. Prepare a formal written report.

Assessment Requirements
Using the learning from our module 1 / week 1 folder and workshop and learning Activities:

1. Identify and discuss the importance and role of the knowledge of risk and risk management in international business.

2. Provide 4 relevant real world examples of where and how risk management knowledge is used within the internal company operations of any international business company and industry of your choice. 

3. Apply risk management framework 1 to your chosen international business company and industry by identifying, ranking, and prioritizing 4 risks that your particular chosen company faces within its external environment.

4. Outline a strategy to manage the most high impact and highest likelihood risk your chosen company faces.

5. Use a report format

Step 1 –
Identify and discuss the importance and role of the knowledge of risk and risk management in international business (see the course reading for week 1: The boardroom imperative on internal control)

Step 2 –
Provide 4 relevant real world examples of where and how risk management knowledge is used within the internal company operations of any international business company and industry of your choice (refer to the Powerpoint slides for week 1)

Step 3 –
Choose any multinational company and provide a brief overview of the company (its size, profits, number of staff, head office, worldwide office locations, key products and services and general risk characteristics of the industry/sector) (refer to the company website).

Step 4 –
Apply risk management framework 1 to your chosen international business company and industry by identifying, ranking, and prioritizing 4 risks that your particular chosen company faces within its external environment.