Professional Documents
Culture Documents
Three ways in which research can be conducted for risk related issues
are as follow.
1 Qualitative analysis may be useful as an initial screening to identify if
further analyse of risk is required, when the analysis is appropriate for
decisions, when numerical data or resources are inadequate.
2 Fishbone, checklists and brainstorming are both tools that can be used
in risk management. Describe each of these and when they would best
be used.
3 What are the five stages of risk likelihood? Briefly describe each one?
Five stages of risk likelihood are as follow
5 What needs should be considered when treating risk ? list and describe
three treatments that should be considered.
8 For each of the piece of legislation listed describe the intent and how it
could imPact managing risk of organisation.
Privacy law
Privacy Act is an Australian law which regulates the handling of personal
information about individuals. This includes the collection, use, storage and
disclosure of personal information, and access to and correction of that
information. The Office of the Australian Information Commissioner’s (OAIC)
can take regulatory and enforcement action to encourage and ensure
compliance with privacy obligations by all organisations in Australia.
WHS regulations
WHS legislation includes a model WHS Act, regulations, Codes of Practice and a
national compliance and enforcement policy. Work Health and Safety (WHS)
Act forms the basis of the WHS Acts being enacted across Australia to
harmonise work health and safety law. Organisation is required to meet the set
standards otherwise penalty may be imposed in case worker get injured due to
non-compilation of law by organisation.
Contract law
Contract law encompasses any laws or regulations directed toward enforcing
certain promises. In Australia contract law is primarily regulated by the
'common law', but increasingly statutes are supplementing the common law of
contract - particularly in relation to consumer protection. Contract law is
broadly divided into five categories:
contractual formation
Each and every contracting party is bound by contract law and penalty can be
imposed in case of breach of contract.
9 Name and give three examples for adjustments that can be made in work
place to assist a person with disability.
1 Providing equipment
a tape recorder to take and leave messages for some physically or sight
impaired people
3 Accesses to workplace
lifts have lowered control panels
Emergency mobile phones
10 List two type of insurances organisation should consider , for each type
describe risk cover and benefit to organisation
2. Public Liability
This policy protects the named organisation, paid workers and volunteers for
their legal liability to third party property damage or personal injury. Coverage
should be organised to protect the paid workers and volunteers, and to include
legal action against them from clients and other third parties. It protect the
organisation and benefits by providing cover against third party liability.
Misleading advertising
This insurance protects directors etc. from indemnity liability arising due to any
act of them.
.
Assessment Part B: Risk review
Analysis.
PEST analysis
1. Strengths – store on the corner of the two main streets of the city,
innovative and popular range of rice wraps.
2. Weaknesses – the lack of sales promotion techniques, fit-out in parts
looked old
3. Opportunities – opportunities for opening more cafes in the surrounding
shopping centres, by-law allowing cafes to expand their footpath dinning.
CBD legislation concerning efficient water usage.
4. Threats – international chain of coffee shops opening a store in the
Toowoomba
Research information
2 EMAIL COMPLETION
I propose to include
Performance indicators
Likelihood
Consequence
i. Install a water tank for store use and change to native plants.
ii. Introduce water saving devices – dual flush toilet, 5-6 star rated (WELS)
dishwasher.
iii. Change work practices – wash fruit and vegetables in still water, only run
dishwasher when full, select economy cycle if only a light wash required.
iv. Apply to the council for time to ‘make good’ as the new owners.
ASSESMENT PART D
MONITORING REPORT
i. The financial controller had taken out $5,000 the insurance cover on cash held
on premises overnight from the opening week as planned.
ii. The assistant management training has been shifted to the mornings
allowing the manager to leave before 1:00PM.
I .An external audit was completed and presented to the board 6 months after
settlement.
ii. The board and CEO included a new policy regarding compliance with the
Toowoomba by-law on water conservation.
vii. There has been one internal audit arranged by the store.
c. Evaluation.