Risk Management

Running head: RISK MANAGEMENT
Risk Management
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RISK MANAGEMENT1
EXECUTIVE SUMMARY
The chief objective of the given paper is to discuss the concept of risk management and
assessment with the assistance of using a case study based on a company named Property
Millionaires. In the concern of examining the risk the company is facing, the risk exposure
calculator is taken into consideration. The report starts by stating an overview of the company
(Property Millionaires). The subsequent step undertaken in the report is to categorise the
diversified form of risks that the company of Property Millionaires faced and determine the
level of risk the company is bearing at each individually stated risk form. The report, with the
help of the risk study, comes into the conclusion that the risk level of the company is at a
profound paradigm with a total score of 25. This clearly means that the concerned company is
at the caution stage and needs to take necessary decisions in the context of mitigating the high
amount of risk it is fronting at the present time.

RISK MANAGEMENT2
Table of Contents
Introduction................................................................................................................................3
Property Millionaires- Overview...............................................................................................3
Risks faced by the firm..............................................................................................................4
Risks point due to growth......................................................................................................4
Pressure points due to culture................................................................................................5
Pressure point due to information management.....................................................................6
Result of the Analysis................................................................................................................8
Conclusion..................................................................................................................................8
References..................................................................................................................................9
Appendices...............................................................................................................................11
Appendix 1...........................................................................................................................11

RISK MANAGEMENT3
Introduction
As undermined based on the viewpoint of Hesse, Lutz and Talmorn (2016), the
success or the disappointment of a business organisation is entirely dependent on the ability
of the firm to reduce the effect of the diversified form of risks that occurs in the same.
Moreover, the managers, as well as the leaders of the organisation, are accountable towards
examining the root cause behind the occurrence of the risk and strategically plan for the
prospect of the firm (Huda et al. 2019). Thus, the aspect of risk management turns out to be
very important for the firms to maintain the risks that can come up at any uncertain point of
time (Luhmann 2017). In recent times, a risk management tool named as the Risk Exposure
Calculator is determined to be used by the business enterprises in consideration of identifying
the level of risks they are facing. Concerning to this ideology, the given report is based on
discussing the risks associated with the business organisation named Property Millionaires.
Property Millionaires- Overview
The company stated above is known to give offers to its customers in the concern of
the courses that are related to the subject of investment and the mentoring services. The
company believes in the fact that every person is capable of revolving into a successful
investor if the same is backed up by the right form of education and support (Pigou 2017). It
was analysed with the help of the case study that this mindset of the organisation has helped
the same to gain a significant level of success and growth in the business market. However, it
is also undermined that this growth of the company is seen in a skeptical way by the different
employees of the firm. In one place, where the owner of the firm George Kirzner was
recognised to be optimistic, the several individuals connected to the firm at the other place
were pessimistic about the growth.