This document presents a comprehensive solution to the BSBRSK501 Manage Risk assignment, addressing various aspects of risk management within the context of Town and Country Services. The solution begins with an executive summary and table of contents, followed by a detailed discussion of assignment questions, covering operational, strategic, and external risks. It explores risk management steps, including planning, identification, analysis, and response strategies. Furthermore, the solution incorporates PESTEL and SWOT analyses to evaluate external factors and the internal strengths and weaknesses of the organization. The assignment also delves into risk criteria, communication, and different risk management tools, concluding with an analysis of a case study involving Town and Country Services. The solution emphasizes the importance of risk management in mitigating potential threats and ensuring organizational stability. The assignment also provides detailed explanation of the risk treatment options such as avoidance, transfer, mitigation and acceptance.
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