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i. Provide a short summary of your nominated business or enterprise

 

ii. Document and outline the types of risk/s you might will face opening a Small Business or Enterprise

 

iii. Identify the steps you will take to safeguard organisation from the outlined risks you have nominated in point two (ii)?

 

iv. List and discuss each of the Risk Analysis Tools you will need to use and implement to control your nominated risks. 

 

v. Explain how these Risk Analysis Tools may help your small business or enterprise in controlling risk and associated risk. 

 

vi. Describe how much risk is acceptable to your business?  Justify your answer. 

 

vii. Explain the short and long term benefits of risk management methods for your small business.

 

viii. Where appropriate all sources, links and supplementary resources are to be referenced accordingly.

 

 

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