This website uses cookies to ensure you have the best experience. Learn more

Initial Risk Assessment Essay

1869 words - 8 pages

After Hurricane Ike struck the coast of south Texas, people were displaced, homes were lost, and businesses were disrupted. Business operations need protection from loss in order to survive disasters, both natural like Ike and unnatural. Business continuity planning is a concept used to create a plan to recover and restore operations after disasters and crises strike. "Good business continuity plans will keep your company up and running through interruptions of any kind: power failures, IT system crashes, natural disasters, supply chain problems and more" (Business Continuity, 2008). Any successful business will have a BCP or Business Continuity Plan no matter their geographic location in ...view middle of the document...

An organization's mission statement "clearly outlines the basic purpose of the organization and is the first place to look to determine essential functions" (Stanford University, n.d.). The intention of the mission statement is to keep stakeholders aware of the organization's purpose through a clear set of ideas. The mission statement for Kudler Fine Food is lucid in identifying the essential functions required to understanding the organization's operations.Identifying the organization's mission is a critical step in the development of a business continuity plan. A business continuity plan (BCP) is a standard method for how an organization will plan for continuing operations in the event it is faced with a potential threat (Barnes, 2001). This BCP will recover or restore any essential functions within a time, after being presented with a disaster or a disruption. These essential functions mentioned, are those key to the organization's mission. The BCP includes performing a Business Impact Analysis (BIA) and a Risk Assessment (RA), which assess the potential impacts of various measures on the organization's operations. A BCP does not prepare an organization to be prepared for the disasters, as "it is impossible to properly plan for a disaster if the likely impacts of various disruptions on an organization are unknown" (Stanford University, n.d.). Thus, the BCP will assist in the overall development of continuing those operations, which are faced with disasters, in order to satisfy the essential functions used to define the organizations mission.In developing a BCP, it is critical to analyze the relevant risks to the organization. Kudler's mission includes foods imported from around the world, the finest products available, and a highly knowledgeable staff. In meeting these essential functions, Kudler must analyze those risks involved. Conducting a thru risk assessment of Kudler is necessary in order to identify the correct and most relevant risks related to Kudler's operations. These may include, but not limited to, importation of food, training of staff, overall economy status, and forecasting of sales.Kudler has pride itself in importing the finest quality foods. Shipping international foods contain many risks associated with importing. Risks that are of great concern in this area for Kudler is the possibility of the food shipment not arriving to the store in time for sales such as delayed processing of order and weather conditions which delay deliveries. In preparing for this possible risk it would be in Kudler's best interest to ensure that inventories are not "ran dry" before the next shipment is scheduled for delivery. Another risk associated with importation of food is the risk of spoilage as well as contamination either while being picked, loaded, or shipped to Kudler. While Kudler looks around the globe to find the finest foods, risk in importation of food must be considered and further analyzed to prevent or improve the risk noted...

Other Essays On Initial Risk Assessment

Gene One Benchmarking Essay

5503 words - 23 pages directors.Visa has pioneered several ideas that have helped provide security and convenience to the consumer. These ideas include: money transfer, chip technology, wave technology and mobile payments and services (Visa).Visa is a company that recently chose to perform an initial public offering or IPO. The company, like Intersect Investments wanted to raise cash and improve its capital by adding new and improved products. . On November 9, 2007, Visa

Discuss Strategies Available To Investigators In Reducing The Suggestibility Of Child Witnesses

4250 words - 17 pages long-term memory. Encoding is similar to programming. "Encoding refers to the initial registration of information - it's perception and the immediate postperceptual processing." (Roediger and Gallo. 2002) Basically, encoding is about making sense of the information, and relating it into something that is meaningful. "Most encoding is not deliberate; rather, it occurs incidentally as a side effect of the special interest that you devote to certain

Employment And The Law In NSW, Australia

8141 words - 33 pages requirements as Freda Nurk discovered. The poor management of human resources can undermine the overall profitability of a business and should be an integral part of any business risk management strategy (Bartram, 2004, p5-6)Human Resource Management involves a number of functions in an organization - recruitment and selection, training and development, performance management, remuneration systems, occupational health and safety, industrial relations

Black Water Rafting, Internal And External Environment. Strategic Management

8971 words - 36 pages high standard of service and safety is maintained.2.7 Analysis of resources2.7.1 Value chainAccording to Lynch (2003, p216) "The value chain links the value of the activities of an organisation with its main functional parts. It then attempts to make an assessment of the contribution that each part makes to the overall adds of the business".Value chain analysis describes the activities within and around an organization and relates them to an

Spain: Economic Analysis

6942 words - 28 pages assessment of the CIA is that telephone network is generally adequate. Spaniards also have access to 224 (plus 2,105 repeaters) television stations and 208 AM stations, and 715 FM, according to data of 1998. Spain also, and most importantly in my opinion, had, in the year 2000, 56 ISPs (Internet Service Providers). This number is also increasing and is leading to Spain to a more advanced country in terms of telecommunications. All these areas within

Character In "The Yellow Wallpaper" By Charlotte Perkins Gilman

1587 words - 7 pages The short story 'The Yellow Wall-Paper' written by Charlotte Perkins Gilman is a cry for freedom. This story is about a woman who fights for her right to express what she feels, and fights for her right to do what she wants to do. The narrator in this short story is a woman whose husband loves her very much, but oppresses her to the point where she cannot take it anymore. This story revolves around the main character, her oppressed life, and her

Edgar Allen Poe's View Of Death In "The Fall Of The House Of Usher"

1836 words - 8 pages Edgar Allen Poe's Symbolism of Death in 'The Fall of the House of Usher'Death is defined as, 'The termination or extinction of something' (American Heritage Dictionary). Edgar Allen Poe uses this description in 'The Fall of the House of Usher' in different ways. Poe's intention when writing 'The Fall of the House of Usher' was not to present a moral, lesson, or truth to the reader; he was simply trying to bring forth a sense of terror to the

"Slaughterhouse Five" By Vonnegut

2264 words - 10 pages When one begins to analyze a military novel it is important to first look at the historical context in which the book was written. On the nights of February 13-14 in 1944 the city of Dresden, Germany was subjected to one of the worst air attacks in the history of man. By the end of the bombing 135,000 to 250,000 people had been killed by the combined forces of the United States and the United Kingdom. Dresden was different then Berlin or many of

Psychoanalysis And Freud

2420 words - 10 pages Psychoanalysis is a system of psychology originated by the Viennese physician Sigmund FREUD in the 1890's and then further developed by himself, his students, and other followers. It consists of three kinds of related activities: (1) a method for research into the human mind, especially inner experiences such as thoughts, feelings, emotions, fantasies, and dreams; (2) a systematic accumulation of a body of knowledge about the mind; and (3) a

Comparative Essay. "Heart Of Darkness" By Joseph Conrad And William Golding's "Lord Of The Flies"

2729 words - 11 pages his inner darkness come forth and essentially control all his thoughts and actions.By comparing the two novels it is clear how one's inner darkness will surface without the restraints of civilization. In the case of Jack and the hunters, the children are accustom to civility, laws, and order. The fact that parents and teachers were always placing unwanted rules on them, probably caused an initial enjoyment of the lack of civility so much that

This Is An Essay On The Woman In The Odyssey And Their Influences On His Travels

993 words - 4 pages The Odyssey is an epic about a Greek warrior in the Trojan War whose wanderings around his known world and his perilous encounters are the basis of the story. Odysseus' absence from his home is prolonged by the influences of the women whom he encounters.In this epic, several female characters had a profound effect on the plot. They wielded their influence through typically feminine skills and attributes: seduction, supernatural powers

Similar Papers

Problem Solution: Gene One Corporation Essay

5259 words - 22 pages One does not have the experience of operating in a huge marketplace with thousands of competitors. Before embarking on this new venture, the company should consider the necessities for going public such as possession of knowledge about an IPO.Risk Assessment and MitigationRisk assessment or risk management refers to "a process, which identifies, prioritizes, and responds to the uncertainties confronting a company which can have an impact

Country Risk And Strategic Planning Analysis Paper

2132 words - 9 pages already in existence, Playa Frente could possibly inherit its distribution channels and suppliers and reduce exporting costs. Pricing will also be a factor. If the company bases pricing by US standards then the possibility of products being high in Mexico are tremendous. The exchange rate on US dollars to Mexican Pesos needs to be factored in.Competitive Risk Assessment Playa Frente's key competitors are already conducting business in Mexico and

Abuse Of Illegal Drugs And Alcohol Intake During Pregnancy And It's Effects On Babies

2908 words - 12 pages studies.Cocaine's effects are subject to controversy, but the following are the general findings on its effect on pre-natal babies exposed to this substance: (1) Increased risk of stillbirth; (2) premature delivery; (3) premature detachment of placenta; (4) meconium staining or the dark green mucilaginous material in the intestine of the full-term fetus; (5) smaller-than-normal head size and low birth weight; (6) low scores in the assessment of

Improving Air Quality Government Of Canada

4644 words - 19 pages the Clean Air Agenda. The following outlines the allocation of these resources:* $48.4 million for regulatory initiatives on new vehicles, engines and fuels that will reduce emission of nitrogen oxides from new vehicles by 90 percent;* $19.8 million on initial actions, including development of a ten year plan to reduce NOX, in particular from the electricity sector, and VOCs emission from solvents and consumer products; development of a large