Evaluation of Bayer Pharmaceuticals' Risk Management Process

Learning outcome and pass attainment level:

1. Evaluate the risk management process, risk governance, risk reduction and risk management systems of organisations.

There is one question within the assignment which is related to evaluating the risk management process, risk governance, risk reduction and risk management systems of organisations. There is no word limit to questions. If any part of the assignment is ignored this reduces the maximum marks which could potentially be awarded. The assignment answer should be carefully checked before submission for the use of appropriate and acceptable grammar. The correct use of English spelling is to be employed throughout.  

In a related development, Bayer Pharmaceuticals is a company that faces has a history of scandals due to risk management issues. Bayer is a German pharmaceutical company well known for developing aspirin. The company was founded in 1863. Bayer has a history of Corporate Social Responsibility. Bayer is based in Leverkusen which is a company city i.e. Bayer built the city and its amenities and most of the population work for Bayer. Bayer created Bayer Leverkusen a leading German football team. However, it was recently reported by CNBC that US authorities have forced the company to sell-off $9 billion in its agricultural investment to enable the company proceed with a proposed $66 billion acquisition of another company.

Question

Undertake an investigation on Bayer Pharmaceuticals to evaluate their adopted risk management process, risk governance strategy and overall risk management systems over the period of 2015-2019.

Present all your critical analysis and results in a clear way highlighting any areas of concern and your recommendations.

Words limit = 2000 words (excluding tables and any computations; preliminary pages such as table of contents, abstracts and introduction; and references).

Do not forget to submit to Turnitin (plagiarism software) before your final submission.

Evaluate the risk management process, risk governance, risk reduction and risk management systems of organisations.

Unable to evaluate the strategic risk management process, risk governance, risk reduction and strategic risk management of corporate entities. Failure to explain key concepts of strategic risk management.

Some ability to evaluate the strategic risk management process, risk governance, risk reduction and strategic risk management of corporate entities. Fair explanation of key concepts of strategic risk management.

Ability to evaluate the strategic risk management process, risk governance, risk reduction and strategic risk management of corporate entities. Ability to explain key concepts of strategic risk management although

A good ability to evaluate the strategic risk management process, risk governance, risk reduction and strategic risk management of corporate entities. A good ability to explain key concepts of strategic risk.

A very good ability to evaluate the strategic risk management process, risk governance, risk reduction and strategic risk management of corporate entities. A very good ability to explain key concepts of strategic risk management with sufficient and appropriate explanation at this level. Explanations are justified and examples are provided in relation to the given context.

Excellent ability to evaluate the strategic risk management process, risk governance, risk reduction and strategic risk management of corporate entities. An excellent ability to explain key concepts of strategic risk