ABC corp. was established in 2001 by J Holden. Today, ABC is a leading manufacturer and distributor of die cut gaskets, seals, O-rings and molded rubber products. The Company supplies to the automotive, medical, military, aerospace, electronics, power generation, hydraulics and many other commercial industries. ABC wants to expand operations and they have multiple options when considering expansion. Their options are going public via IPO, acquiring another organization in the same industry, or merging with another organization. The firm has to consider potency, weakness, opening and risk of every options before making decision. Additionally, considerations on the financial effects of globalization, exchange rate risks, and mitigating the exchange rate risks should be analyzed if the company decides to go international.
For this Assignment, you will look ahead to your Final Project and, using the following guidelines, evaluate the process you will use as you construct a risk management plan:
- Using your Final Project idea as the context for this assignment, outline the components of a risk management plan.
- Conduct research on the industry related to your Final Project to find different plans and design your outline.
- Identify each component of the plan and how it relates to the success of the overall plan.
- the scales that you will use for risk impact, and what does each level mean
- where is the risk register
- Assess the process you used to construct the outline for the risk management plan.
- For each component that you decide to include, you need to also tell me why you think that component is important and how it relates to your project being successful.
Assignment must has to be in APA format with no plagiarism.