Monday, November 4, 2019
Risk Assessment Proposal and Report Research Paper
Risk Assessment Proposal and Report - Research Paper Example Amazon, which will derive a comprehensive understanding of the risks associated with the company and the steps to be taken in order to mitigate such risks. The research study would be based on providing solution to the research question of how Amazon can ensure protection of vital information pertaining to the customers and the sellers, which evolve as one of the prime risks or threats for the company. Furthermore, the research study would be aimed at providing an understanding of the key areas where Amazon has been successful as well as such fields that require high level of concentration for availing several significant benefits. The chief purpose of this particular research is to identify as well as assess the threats or the vulnerabilities faced by Amazon while performing different business or operational functions. From a theoretical perspective, threats or vulnerabilities are duly considered to be one of the vital factors affecting business environment, which may hinder the growth and expansion of an organization. Hence, it is in beneficial for the organizations to consider the risks associated with conducting a business and likewise take appropriate steps to mitigate the same. In this regard, risk assessment is referred to as the process, which involves identification of the business risks, evaluation of those risks and formulation of corrective measures to cope with the same (Drissi, Houman & Medromi, 2013). Hence, the research aimed at examining the risks faced by the company that affected its overall performance and also suggesting various ways through which Amazon might respond effectively in resolv ing such risks. The research study on risk Assessment of Amazon would be conducted via establishment and description of a number of steps. Initially, after introduction section, the study would provide the readers with a comprehensive understanding about the perceptions of management of risk and risk assessment. The second step in the research study would
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