Task and Risk Management for Small Business Business Plan by Master Researcher
Task and Risk Management for Small Business
A discussion regarding the risks involved in managing a small enterprise.
# 86436
| 1,125 words
| 4 sources
| 2005
| 
Published
on Dec 01, 2005
in
Business
(Small)
, Business
(Administration)
, Business
(Management)
, Business
(Business Plans)
, Business
(General)
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Description:
This paper discusses the task and risk management plan for a small company in which customer complaints need to be addressed in a timely manner. The paper also discusses specific tasks required for the project, the risks involved in the project, the impact of those risks, and changes required for the company in relation to the problem. Risk management determines the risk factors involved in a particular situation, the tasks that will be included in resolving that issue, and how both of these elements will impact the future of the business over time.
From the Paper:
"Risk management determines the risk factors involved in a particular situation, the tasks that will be included in resolving that issue, and how both of these elements will impact the future of the business over time. The ultimate concept behind risk management is to reduce or eliminate the amount of risk a company must endure, and to change the course of the business, if necessary, to ensure that there will be little to no risk involving the same situation in the future. The research indicates that "there are always risks associated with any project" ("Project", 2002). The key to the successful completion of the project, therefore, is determining the risks and addressing them effectively prior to those issues having a detrimental affect on the business. "Cite this Business Plan:
APA Format
Task and Risk Management for Small Business (2005, December 01)
Retrieved October 01, 2023, from https://www.academon.com/business-plan/task-and-risk-management-for-small-business-86436/
MLA Format
"Task and Risk Management for Small Business" 01 December 2005.
Web. 01 October. 2023. <https://www.academon.com/business-plan/task-and-risk-management-for-small-business-86436/>