Overview
When performing an evaluation to determine the performance or health of a company, it is important to identify and evaluate any current or potential risks the company might face.
In this assignment, you will perform a risk assessment for TransGlobal Airlines to better understand its business environment.
Prompt
Perform a risk assessment for TransGlobal Airlines and write a report describing the results.
Specifically, you must address the following rubric criteria:
- Identification : Identify two risks the company is facing, including at least one high-impact risk.
- Identify the balanced scorecard component each risk corresponds to.
- Classify the risk based on these two types:
- Operational
- Strategic
- Evaluation : Determine whether the probability and impact of each identified risk is low, medium, or high. Justify your evaluation of the impact and probability of each risk.
- Mitigation : Recommend a possible risk-prevention or mitigation strategy for each identified risk.
Guidelines for Submission
Submit a 1- to 2-page Word document using double spacing, 12-point Times New Roman font, and one-inch margins. Sources should be cited according to APA style. Consult the for more information on citations.
| Criteria | Exemplary (100%) | Proficient (90%) | Needs Improvement (70%) | Not Evident (0%) | Value |
|---|---|---|---|---|---|
|
Identification |
Exceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative manner |
Identifies two risks the company is facing; classifies the risk based on these two types: operational and/or strategic |
Shows progress toward proficiency, but with errors or omissions; areas for improvement may include identifying two relevant and separate risks or classifying them correctly to the respective types: operational and/or strategic |
Does not attempt criterion |
30 |
|
Evaluation |
Exceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative manner |
Determines whether the probability and impact of each identified risk is low, medium, or high |
Shows progress toward proficiency, but with errors or omissions; areas for improvement may include correctly determining both the probability and impact of each identified risk |
Does not attempt criterion |
25 |
|
Mitigation |
Exceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative manner |
Recommends a possible risk-prevention or mitigation strategy for each identified risk |
Shows progress toward proficiency, but with errors or omissions; areas for improvement may include recommending possible and appropriate mitigation strategies |
Does not attempt criterion |
25 |
|
Articulation of Response |
Exceeds proficiency in an exceptionally clear, insightful, sophisticated, or creative manner |
Clearly conveys meaning with correct grammar, sentence structure, and spelling, demonstrating an understanding of audience and purpose |
Shows progress toward proficiency, but with errors in grammar, sentence structure, and spelling, negatively impacting readability |
Submission has critical errors in grammar, sentence structure, and spelling, preventing the understanding of ideas |
15 |
|
Citations and Attributions |
Uses citations for ideas requiring attribution, with few or no minor errors |
Uses citations for ideas requiring attribution, with consistent minor errors |
Uses citations for ideas requiring attribution, with major errors |
Does not use citations for ideas requiring attribution |
5 |
| Total | 100% | ||||
Requirements: as mentioned
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