Comprehensive Risk Management Report: MacVille Cafe Expansion Plan
VerifiedAdded on 2023/06/10
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AI Summary
This report provides a comprehensive overview of risk management strategies for MacVille Proprietary Limited, an Australian café company planning to expand its business within Queensland by acquiring Hurley’s Café in Toowoomba. The report outlines the company's risk management framework, aligning with AS/NZS ISO 31000:2009, and includes a PEST analysis covering political, social, economic, and technological factors impacting the business. A SWOT analysis identifies strengths, weaknesses, opportunities, and threats, while risk matrices are used to evaluate different kinds of risks. The report also emphasizes the importance of identifying risks through monthly reports, policies, and processes, referencing Harley’s Café external audit report and MacVille Private Limited’s current policies. The document concludes by addressing risks related to cash handling and the absence of proper developmental plans, highlighting the need for effective risk mitigation strategies. Desklib offers similar solved assignments and past papers for students.
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