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RCM301 Risk and Crisis Management Assessment Answer

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RCM301 Risk and Crisis Management

RCM301 risk and crisis management, management can be considered as the process in which an organization is being administered.  It is important to apply the right management in the business, non-profit organization, or that of government body. It can be considered as the art and even science of managing resources.  

It is important for every organization to have the right application of the management in the organization in order to obtain a higher form of success.  it is through the right application of the management, co-ordination and efficiency is being maintained.  This leads to a higher return of revenue. In this respect, it can be said that risk and crisis management is of great significance. This type of management helps in reacting, managing, and recovering from unforeseen events.

Additionally, it can be said that risk management is focused with the process of identifying, examining, and even avoiding the actions or events which can create a huge danger to the business. On the other hand, it is to be noted that the dangers can be considered as the one which is strategic and even very much operational in its characteristics.  

It is to be noted that it is highly important for the Laureate International Universities students to have comprehensive knowledge of risk management and crisis management in order to have the right corporate governance structure in order to maintain the right consistency in the organization. it is to be noted that the crisis management is connected to the management of the unanticipated actions which can create a danger to the organization and even its stakeholders

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Unit details:-

Location:-

Footscary Niholson, Industry, Werribee
Study level: -

Vocational and further education (TAFE)
Unit code:-

Bsbadm506

Brief of RCM301 Assessment:

The RCM301  assignment is highly significant as it will enable the students to understand the various ways in which the crisis and the risk can be maintained in the organization. it is through this assessment, it will be possible for the students to conduct the management of the crisis and the probable risk which can create huge danger or harm to the organization and even its stakeholders. Thus through this assignment, it will be possible for the students to identify the probable threats and the ways in which they can mitigate the issues. This will eventually help the organization in obtaining higher success and a higher rate of revenue.  

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It is through the completion of the assignment, the student will be ale to do the following

  • React to the right form of crisis management and take the organization from the crisis to a higher level of success
  • Identify the threats which can lead the organization to suffer from higher losses. In this respect,it will help avoid the crisis in itself.
  • It will enable the students to understand the significant steps which can be taken into consideration for their further professional endeavours for the purpose of recovering the organisation from unforeseen events.
  • The course will offer the students with comprehensive exposure to the central approaches in the theories of the significant principles of the management.
  • It is to be noted that while emphasisng on the interplay which lies between the risk and the crisis management, the course will help in bringing two disciplines together in order to equip with the plans to right prepare for and even react to the probable  challenges.
  • Throughout the cours,e the student will be able to learn the ways in which one can make provisions and even have the required plans  for the probable dangers of the organization
  • The student will be able to explore the different accountability and the strategies of the accountability in order to avoid the effect of unforeseen dangers and the crisis. This will even help in the creation of preparedness within the organization.
  • It is to be noted that in the context of the private and the public sectors, this assessment will eventually offer the tools in order to reduce the dangers and conduct the right management and the skills of assessment.

 

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Additionally, some additional points which will be inherited by the students through the completion of the course are as follows:

  • The student will be able to learn the ways in which the required strategies can be taken into consideration for the probable dangers in the organization
  • Discover  the ways in which a culture of preparedness can be applied which can aid in the risk and the crisis prevention management
  • Obtain the interdisciplinary viewpoint on the dangers and the crisis management
  • Examine the probable dangers of risk within, between, and the external to the company.
  • Learn the ways in which the theories and the tools can be applied to that of the present trends in the risk and the crisis management
  • Comprehend accountability, transparency, and even blame in the risks and the crisis management.
  • The course will help in addressing the vulnerabilities of security in the organization and even handle the result of the catastrophe.
  • Enhance the understanding of the risk management and comprehend the ways to prepare the risk assessment
  • The student will be able to learn the different ways which can be utilized in order to limit the danger by examining the present threats of the company

Weightage of RCM301  Course Code in Their Semester?

This is one of the most significant sections of the semester. It is important for the Laureate International Universities’ students to focus on the RCM301  assessment as it will enable the student to obtain higher marks.   Additionally, it is to be noted that this assessment will enable the students to professionally deal with the risks and the crisis of their organizations in their future endeavors. Therefore, this section of the paper is important and it contains around 30 percent of the weightage of marks.

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