Risk Assessment Assignment (Doc)

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Added on 2020-11-23

Risk Assessment Assignment (Doc)

Added on 2020-11-23

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RISK ASSESSMENT

TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................1Pressure points due to growth.....................................................................................................1Pressure points due to culture.....................................................................................................2Pressure points due to information management........................................................................3CONCLUSION................................................................................................................................5REFERENCES................................................................................................................................7

INTRODUCTIONRisk assessment is quite useful technique as to how much organisation is exposed to risk.Present report deals with risk assessment and using Risk Exposure calculator for PropertyMillionaires which offers range of real estate investment seminars and mentoring services topeople. The pressure points due to growth, pressure point due to culture and pressure point due toinformation management will be addressed along with their sub points. Collectively, overall totalscore will be made in which 1 will be for low level of risk and 5 for high level of risk. Moreover,there will be assessment of firm's performance and in relation to risk to which it is exposed.MAIN BODYThe risk assessment evaluation using the Risk Exposure Calculator is helpful forascertaining level of risks to which Property Millionaires is associated to. The three points inrelation to addressing risks are outlined below-Pressure points due to growth1. Pressure for performanceThe fast growing company is often placed to intense competition and also profits areincreasing at a rapid rate. It can be analysed that capital market and employees are attracted tothe company. Property Millionaires was formed three years ago and is able to earn good quantumof profits and has multiple locations in the Australia. It provides range of real estate seminars andmentoring services by charging nominal rate. Sales of organisation increased up to a majorextent. The management should be able to enhance employee's productivity to emphasizing ongrowth of organisation and meet sales and profits goals.Goals are set by top management and flows from top to down in Property Millionaires. Inrelation to this, employees are providing desired productivity for ensuring maximum sales arearrived and goals are met within stipulated time (Risk Assessment. 2019). The risk exposurecalculator can be applied and low score is scored by firm. This is evident from the fact that salesare met which leads to goal accomplishment. Moreover, Property Millionaires is able to makegood sales proving that financial performance is adequate and overall 2 score can be allotted tocompany with regards to risk exposure calculator.2. Rate of expansionIt is another growth-related pressure point being applied to company in measuring how isthe rate of expansion in company. Increment observed in expansion of production facilities,1

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