To understand the concept of enterprise risk management within dynamic business

To understand the concept of enterprise risk management within dynamic business environments
Module Learning Outcomes covered in this assignment
if. To critically analvse the stages in the process of risk management and the associated techniques that can be applied
iv. To evaluate the application of various risk mitigating strategies
Explain the risk management process applied to the chosen enterprise.
2. Identify, explain and evaluate the critical nature and impact of ONE INTERNAL and ONE EXTERNAL risk (of your choice).
3. As part of the audit, categorise the risks using the likelihood and impact grid.
4. Explain the appropriateness of the risk mitigating strategies identified in respect of the internal and external risks.