Legal Regulation Compliance and Investigation: Risk Management Plan

This report outlines a risk management plan for a new start-up company providing hosting services for online storefronts. It identifies key team members such as system analysts, hardware engineers, business analysts, technicians, and network administrators, detailing their roles and responsibilities. The report analyzes potential issues among team members, including poor communication, technical expertise gaps, lack of innovation, motivation, and decision-making conflicts, offering personal recommendations to resolve these issues. Furthermore, it discusses strategies for mitigating future risks, such as assembling a team of subject matter experts, using updated operating systems, and regular network monitoring. The conclusion emphasizes the importance of hiring talented professionals to reduce financial risks and ensure the company's growth. Desklib provides access to similar documents and solved assignments for students.