BUS506 Assignment Brief
| Qualification | QUALIFI Level 5 Diploma in Business Management (601/6049/4) |
|---|---|
| Unit Code | BUS506 |
| Unit Title | Risk Management and Organisations |
| Unit Reference | T/507/1618 |
| Credits | 20 |
| TQT | 200 |
| GLH | 80 |
Assignment Aim
This unit will involve the Learner developing risk profiles and identifying risk management strategies for selected case studies. These will be available on-line as used as a means to illustrate the different ways organisations approach change. The course material will be closely linked with creativity and innovation.
Learning Outcomes and Assignment Criteria
| Learning Outcomes When awarded credit for this unit, a learner will: | Assessment Criteria Assessment of this learning outcome will require a learner to demonstrate that they can: |
| 1. Review organisations risk tolerance in different environments. | 1.1 Identify and evaluate different business environments and the likely risks of those environments. 1.2 Provide examples of organisation’s tolerance to risk taking and evaluate how organisations can measure tolerance. |
| 2. Develop skills to identify and assess the risk profiles of organisations. | 2.1 Produce a risk profile for an organisation. 2.2 Review and comment on risk profiles of organisations in different industries. 2.3 Discuss enterprise wide risk and the benefits and drawbacks of such an approach. |
| 3. Investigate how innovation can be used to reduce risk aversion in growing organisations. | 3.1 Analyse the possible risks of innovation in an organisation. 3.2. Produce examples of how to manage innovation risk so that innovation can be used to create advantage. |
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