Risk identification is the first step in the

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Risk identification is the first step in the proactive risk management process. It provides the opportunities, indicators, and information that allows an organization to raise major risks before they adversely affect operations and hence the business. In the BBQfun’s operational plan, there are no risks identified so there is no need to prepare and do a contingency plan.Risk identification is important for a company as to control the losses of the company receives because of uncontrollable factors and influences.Task 2 Resource Requirements for Implementation of e-commerce strategy
Physical Resources6 Delivery Trucks3 Forklifts4 Additional WarehouseE-commerce websiteOffice Space ReconfiguredCostsDelivery Trucks - $300,000Forklifts - $30,000Promotional Costs - $300,000Staff Training - $24,000Management change leadership training - $27,000Recruitment Costs - $30,000Website Developer - $100,000Warehouse and office reconfiguration - $50,000Human Resources8 Online Sales8 Customer Service People6 Trucks DriverRetrain Online Staff
Task 3Stakeholders are any person, organization, social group, or society at large that has a stake in the business. Thus, stakeholders can be internal or external to the business. A stake is a vital interest in the business or its activities. It can include ownership and property interests, legal interests and obligations, and moral rights. Stakeholders can affect a business, be affected by a business or be both affected by a business and affect a
business.A stakeholder is often contrasted against a shareholder, which has an ownership interest in the business.The main stakeholders that involve in the operational plan of BBQfun are the sales and marketing manager and the technology consultant. The sales and marketing manager is identified as main stakeholder as the manager is the one who supervise the human resources department. The technology consultant is the one can provides advices about the information of technology to BBQfun in order to help the company to develop e-commerce strategy.The consultation activity that I am using to communicate with the two stakeholders is through meetings. Meetings is define as an assembly of people, especially the members of a society or committee, for discussion or entertainment. Regular staff meetings are essential as staff meetings allow you to share information and training with all staff, which will improve the customer’s experience in your store. If done well, meetings can also be great for building moral and sales. Staff meetings can also help BBQfun to identify small problems before they become large or identify good ideas earlier rather than later. The best meetings involve two-way communication. Every staff can discuss about their concerns and ideas, and about what they have heard from customers. However, do not let meetings turn into gripe sessions. Each meeting should be a learning experience.Thus, meetings can be regarded as a way of discussing business matters and any developments in the business trend. As a conclusion, meetings is the best way for to consult with each stakeholders.

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