3rd assignment on Organization and Management - The Environment of Risk Management
economics
Description
3rd assignment on Organization and Management - The Environment of Risk Management
QUESTION 1 (35%)
After reading chapter 3 (“Corporate Culture and the Environment”), in the book of Daft, R.L.
(“New Era of Management):
i) Can you describe the framework of uncertainty faced by businesses nowadays
due to the pandemic caused by COVID19?
ii) How would you advise adaptation under the current circumstances?
iii) Is adaptation feasible in both big and small businesses?
iv) Is it feasible for all sectors?
v) How would you recommend the adaptation happening in tourism organizations?
QUESTION 2
(35%)
After reading chapter 7 (“Planning and Goal Setting”), in the book of Daft, R.L. (“New Era of
Management), imagine you are planning to start your own business. After giving a brief
account of what the business is about, describe your planning and goal setting and provide
the reasons you are following that. You are required to provide an account from all subsections of chapter 7.
