I have an Agribusiness assignment whereby I need to prepare a 2-4 page risk management plan regarding a case study called nest fresh eggs. I have attached the required question and the case study.
ABIZ 1000 Introduction to Agribusiness Management
Assignment #2
Assignment – Regarding the “Nest Fresh Eggs” case study - Prepare a (roughly) 2-4 page risk management plan.
Due Date: Monday April 13th by email (deadline midnight)
Suggested Format (steps) to Follow:
Set the scope of your analysis – is it the whole business or just part of the business?
(in this assignment, it is the whole business)
Identify 5-7 risks
If you need some help identifying risks, refer to the categories of risk from the slides from the risk management class.
Assess and rank the risks, using the probability x impact.
Develop and suggest strategies to use for each of the identified risks. Use the four risk management strategies as your starting point – Retain, Avoid, Reduce, Share/Transfer
Re-assess the risks now that you have applied the risk management strategies.
Determine if your list of risks needs to be re-ordered
Tell me about the follow-up, and ongoing evaluation that can be done for each of the risks.