Performance\health of a company

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 Trans Global Airlines to better understand its business environment.

Prompt

Perform a risk assessment for Trans Global 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