Choose a business division from the below list: Aircraft Operations and Maintenance Human Resources/Hiring/Employee Retention/Recruitment (Pilots, Delivery Drivers, Warehouse workers, Admin) Marketing...

Choose a business division from the below list:

1. Aircraft Operations and Maintenance


2. Human Resources/Hiring/Employee Retention/Recruitment (Pilots, Delivery Drivers, Warehouse workers, Admin)


3. Marketing - (Commercials, Print, online ads, special promotions)


4. Facility Operations (Building and Facility Maintenance)


5. Financial Management (Budgeting/Accounting/Infrastructure Funding)


6. Scheduling and Logistics Management (Flight Schedules, Deliveries, Pickups)


7. Training (Aircrew training, Delivery training, Package handling)


8. Regulations and Compliance (International and Domestic Laws, Rules, Regulations)

Global Logistics (Fictitious Company) is one of the largest and fastest growing parcel services in the world. Comparable to UPS and Fedex. Your job is to identify key risk associated with your area of operation within Global Logistics. You should be asking yourselves what are the most significant risks to the operations your team is responsible for and how are these risks related to the overall goal of the University. Remember, not all risks need to be elevated to senior management unless a significant event occurs. However, I want you to determine what risks should be reported to senior management on a regular basis.

Remember, ERM is a way to manage risk at the strategic level and understand how risk across the organization impact the success of the business as a whole.

1. What is the Risk?


2. Why is this Risk important?


3. How is it related to the strategic goals of the organizations?


4. What are the potential negative impacts if this risk actually occurs?


5. What are some key indicators that would be useful in monitoring this risk?

Details - Individual assignment only. Do not confer with other students.

• Apply critical thinking. Don't just copy and paste material from the internet. Analyze the reading material and craft a paper that addresses the specific questions above with good examples.


• Citations are mandatory.Formal writing and all APA formats are required. (In 2-3 pages not including title page, in-text citations and reference page. Please use an introduction, conclusion and headings) (See: Purdue OWL APA writing guidelines
  )


• Submit a MS Word document (*.docx).


• Do not submit someone else's work from a previous semester.