you have to response to the following with 300 words, APA style
1500 annual patient treatments, located in a lower socioeconomic area of an urban environment
Riskiness Score: 0=No risk, 1=Little Risk, 2= Medium risk, 3=High risk
Marketplace |
Reputational |
Infrastructure |
Financial |
|
Risks that will impact the level of customer trade or expenditure and customer retention |
Risks that will impact desire of customers to deal or trade and level of customer retention |
Risks that will impact the level of efficiency and dysfunction within the core processes |
Risks that can impact the way in which money is managed and profitability is achieved |
Description |
External |
External |
Internal |
Internal |
Internal or External risk |
1 |
2 |
3 |
3 |
Riskiness Index |
As we can see from the riskiness index, the financial and Infrastructure components are the components with the highest risk scores. These scores arise from the internal structure of the organization (financial, Infrastructure) and the external environment. My plan to mitigate these two risks in the Financial and Infrastructure components starts with finding new funding resources, also trying to partner with other different organizations and trying to benefit from their equipment and staff. Moreover, One of the mitigation strategies that the organization should think of is utilizing new motivations and healthy environments to improve the outcomes and efficiency of the staff.
References :
Hopkin, P. (2017). Fundamentals of risk management: Understanding, evaluating and implementing effective risk management. London:
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