BBA4226 Columbia Southern Potential Hazards & Risks of Tessiles Business PPT

User Generated

Orireyl84

Business Finance

BBA4226 Risk Management

Columbia Southern University

Description

Instructions

Tessile, S. A., a company based in Turin, Italy, is a medium-size company that manufactures, sells, and exports textiles. An increased demand for the company's high-quality textiles has led to the approval by its CEO, Giuseppe Franco, to implement a major expansion to other markets. Mr. Franco is seen as a visionary leader in the textile industry as he transformed a cotton plantation company into one of the major textiles companies in northern Italy.

Mr. Franco recently led an aggressive and successful series of acquisitions of wineries in southern and central Italy. Mr. Franco wants to follow these acquisitions by purchasing and introducing Tessile S.A. to the tourist and cheese industries. However, these last winery acquisitions left the company in serious debt and with its shares losing value due to the perceived negative view of Mr. Franco's strategy by its shareholders moving away from their core textile business.

You have been assigned to advise Tessile, S.A. board of directors on identifying potential hazards, threats, and risks of Tessile's business strategies.

Create a PowerPoint presentation that consists of at least 10 slides with a separate title slide and reference slide (not included in your number count). Be sure to include the following information in your presentation:

  • Explain the process you will use to identify potential hazards, threats, and risks of the company's current business strategies.
  • Identify the potential hazards, threats, and risks that you discovered when using your process.

Be sure to include notes in your presentation where necessary. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.

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Explanation & Answer

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Outline
Topic: Risk Identification Process
Thesis Statement: The PowerPoint presentation discusses in details, risk identification process
and the various risks with regards to a company.
I.
II.

Risk Identification process
Identified risks


RISK IDENTIFICATION
PROCESS
Student’s Name
Institutional Affiliation
Date

Step 1: Creating a Systematic Process
• In order to come up with a comprehensive list of risks, hazards and
threats that may affect a company’s business strategies, there is need
to use a systematic process.
• The systematic process helps in defining objectives and crucial
success factors for their achievement.
• With a systematic process, there are no doubts that some issues may
have been omitted.

Step 2: Gathering Information from various
sources
• Quality information is essential for...


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