Assess

risk Action priority

Risk (score) Controls Monitoring (1–5) Responsible
•Financial 5 To be able to control this is to develop Establish a record 5 The Management
risks a solid plan, diversify income, and keeping system that works
limit loans. from the very beginning of
the business enterprise.

•Strategic 4 Identify, assess and The business must monitor 5 The Management
risks manage risks and uncertainties, results and Key Risk Indicators and individual
(operation) affected by internal. and external on a continuous basis in order employees
events, scenarios to mitigate the to mitigate risks or grasp
risks within the operation. unexpected opportunities as
they arise

•compliance 4 Look over some of the documents to In monitoring this risk, 5 The management
risk ensure that the business follows documents must be complied
relevant laws, regulations and and enacted to ensure that the
business rules. business operate fairly and
ethically.

•Market risks 4 management should look for an Keep track about the policies, 5 The
innovation that could lift back the processes, and organisation management,
reputation of the business. structures that links Individual
commodity/ energy pricing employees and
policy overall corporate employers
objectives to support ongoing
management of market risk.