If there is one thing we have all paid more attention to since 2020, it’s supply chains. Toilet paper, soap, coins, aluminum cans, meat…these all faced shortages and hiccups in their supply chains from production to the consumer. A Study in Supply Chains Assignment In the United States, the distribution of most products is fairly straightforward. There are many independent intermediaries (wholesalers, dealers, distributors, retailers) that are willing to cooperate to get the product to the end user. Our elaborate interstate highway system combines with rail, air, and water transportation to provide means for moving goods from one part of the country to the other.

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For this case study, you should first select a consumer product, it could be one that you use everyday (toothpaste, soap, coffee, towels, computers, etc…the possibilities are endless). Then use your resources to research and gather information to do the following: • Describe the path that the product takes to get from the producer to you. This includes the raw materials that might be needed to product the product. • Create a presentation that traces each of the steps that the product takes. • Include as much information as you can about transportation, warehousing, materials handling, order processing, inventory control, etc. Be creative and be specific. No paper is required, just the presentation. Include citations . A Study in Supply Chains Assignment

 

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· Presentation – this is the required format for the case study to be turned in  (Powerpoint, adobe, canva, etc)  There will be no formal presentation to me or the class

 

· Your selection could be anything – one student said he may go to the grocery store and walk around to get some ideas.  Think outside the box!

 

· Another question on how many slides – The average that I have had is around 11 slides.  You definitely need a title slide, an intro or background slide, and slide with your citations

 

· Look at materials, manufacturing process, transportation/logistics, distribution, retail, consumer/end user

 

· Utilize graphics in your presentation.  Don’t just type the words into the slides.

The Individual Risk Management Plan for your project must apply risk management processes learned from both of your textbooks, describing how risk management activities will be structured and performed. The document may include the following points:

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1. Risk Strategy: Describes the general approach to managing risk on your selected project.
2. Methodology: Define the specific approaches, tools and data sources that will be used to perform risk management on the project. Risk Strategy: Describes the general approach to managing risk on your selected project
3. Roles and Responsibilities: Defines the lead, support and risk management team members that may be required for each type of activity described in the RMP and clarifies their responsibilities.
4. Funding: Identifies the funds needed to perform activities related to Project Risk Management. Establishes protocols for the application of contingency and management reserves.
5. Timing: Defines when and how Project Risk Management processes will be performed throughout the project life cycle and establishes risk management activities for inclusion into the project schedule. Risk Strategy: Describes the general approach to managing risk on your selected project
6. Risk Categories: Provide a means for grouping individual project risks.
7. Stakeholder Risk Appetite: An expression of measureable risk thresholds that provide the level of overall acceptable project risk exposure.
8. Probability and Impact: Definitions of probability and impact levels for both negative and positive risks.
9. Reporting Formats: Define how the outcomes of the Project Risk Management process will be documented, analyzed and communicated.
10. Tracking: How risk activities will be recorded and how the Risk Management process will be audited. Risk Strategy: Describes the general approach to managing risk on your selected project

Sample Outline of Typical Paper

1. Title Page
2. Table of Contents
3. Introduction
4. Project Management Plan Components
5. Conclusion
6. References in APA format

Grading Rubric for Individual Risk Management Plan

Category	Description	Points
Cover Page, TOC	Cover page and table of contents	10
Documentation and Formatting	Supporting documentation and formatting of paper	10
Introduction and Conclusion	Clarity of introduction and conclusions	60
Organization and Cohesiveness	Organization of paper	10
Risk Management Plan	Does the plan include the risk management processes as outlined in the text and the PMBOK® Guide?	200
References	Does the paper have a minimum of 5 references? Are the references in APA format? Does the paper have a suitable appendix?	10
Total	A quality paper will meet or exceed all of the above requirements. Risk Strategy: Describes the general approach to managing risk on your selected project	300

In need of (2) substantive replies of 125 words each to (2) different post. MGMT495 Senior seminar in Management Topic: Week 4 Risk Assessment

Peer replies to further the conversation

Student replied to at least two (2) classmates’ posts and each reply includes at least three (3) to four (4) sentences relating the classmate’s post to at least one (1) question/point of the Discussion Prompt. MGMT495 Senior seminar in Management Topic: Week 4 Risk Assessment

Responses are substantive and encourage discussion by proposing a different point of view supported by an attribution to a source, personal example, or personal application. All responses include related follow up questions to promote continued discussion.

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Prompt Week 4: Risk Assessment

The policy of being too cautious is the greatest risk of all.
Jawaharlal Nehru (1889 – 1964)

There are risks and costs to a program of action. But they are far less than the long-range risks and costs of comfortable inaction.
John F. Kennedy (1917 – 1963) MGMT495 Senior seminar in Management Topic: Week 4 Risk Assessment

Never put yourself in a position that will put yourself at risk if you make the wrong decision. We spent cash on everything. It’s fashionable to make ‘bet the company’ decisions, but don’t do it.
Joel Spolsky, Sink or Swim, SXSW 2006

Progress always involves risk; you can’t steal second base and keep your foot on first base.
Frederick Wilcox

These are four views of risk. Do you agree with any of these ideas about risk? Which one(s)? How would you define your feelings about risk? Are you willing to take greater or lesser risks depending upon what role you are playing at the time?

Resources:

Risk Analysis and Risk Management

URL	https://www.mindtools.com/pages/article/newTMC_07.htm

Risk terms explained here

URL	https://iveybusinessjournal.com/publication/the-role-of-leadership-in-managing-risk/

Forum Post 1:

Hello class,

Progress always involves risk; you can’t steal second base and keep your foot on first base. MGMT495 Senior seminar in Management Topic: Week 4 Risk Assessment

Frederick Wilcox

I would agree most with Frederick Wilcox. I like his opinion that “risk is a necessary first step towards progress”. Often times in the military we use the motto “if it ain’t broke then don’t fix it” because of the aversion to change. I’ve worked with too many supervisors that were adverse towards change. Perhaps it wasn’t the idea that change would break something but more so they could have been afraid of losing control over a process they understood. For me change is necessary and new minds can create innovative methods which induce greater efficiency. Introducing change through risks is not without consequence sometimes those risks equate to greater expenditure in budget achieving the final results which counteract the savings. Risks also delve into the realm of unknown and the fear of failure but communicating the process can help alleviate the worries and resistance down. Taking risks is not about failing but to learn from them in order to grow. Innovation doesn’t happen without risk but the level of risk can be mitigated though careful preparation and planning. Risk is being able to seize on opportunities and being able to capitalize on being advantageous with fresh ideas. MGMT495 Senior seminar in Management Topic: Week 4 Risk Assessment

Are you willing to take greater or lesser risks depending upon what role you are playing at the time?

When I was younger in my career I was less of a risk taker because of the supervisors I’ve had. But over time I met other supervisors and mentors that wanted me to be innovative and take hold of the programs that I managed and more importantly gave me freedom to change processes. Today I tend to take small calculated risks by slowly introducing and incorporating changes to existing processes to not overwhelm the stakeholders. Using risk analysis and to lay out the plan can be key in helping minimize the impact of improbability and increases the success rate.

Forum Post 2:

Class,

Never put yourself in a position that will put yourself at risk if you make the wrong decision. We spent cash on everything. It’s fashionable to make ‘bet the company’ decisions, but don’t do it. Joel Spolsky, Sink or Swim, SXSW 2006.

While this may a good moto to be risk adverse on making good decisions as a leader. But I have found in Leadership if you are so risk adverse you will never get anything accomplished.

Progress always involves risk; you can’t steal second base and keep your foot on first base. Frederick Wilcox

I agree with this statement on risk decision making, but it needs to be calculated risk not to cause harm. MGMT495 Senior seminar in Management Topic: Week 4 Risk Assessment

My feelings on risk management are hazards should be identified, risks assessed, and controls developed and implemented during the planning stages. Risk assessment is part of risk management and causes leaders to identify hazards and threats, and place them in perspective relative to the mission or task at hand. Accept Risk when Benefits Outweigh the Cost. The process of weighing risks against the benefits and value of the event or task helps to maximize success. Balancing costs and benefits are a subjective process. Therefore, personnel with knowledge and experience of the event or task must be engaged when making risk decisions. Accept No Unnecessary Risk. If all detectable hazards have not been identified, then unnecessary risks are being accepted. Additionally, an unnecessary risk is any risk that, if taken, will not contribute meaningfully to event or task accomplishment or will needlessly jeopardize personnel or materiel The acceptance of risk does not equate to the imprudent willingness to gamble. Take only risks that are necessary to accomplish the mission or task.Make Risk Decisions at the Right Level. Anyone can make a risk decision. However,

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the appropriate level for risk decisions is the person that can make decisions to eliminate or minimize the hazard, implement controls to reduce the risk, or accept the risk. Leaders at all levels must ensure that personnel know how much risk they can accept and when to elevate

the decision to a higher level. Ensuring that risk decisions are made at the appropriate levelwill establish clear accountability. MGMT495 Senior seminar in Management Topic: Week 4 Risk Assessment

Are you willing to take greater or lesser risks depending upon what role you are playing at the time?

Yes, if it is my decision to hold, I will take more risks, but if it is not my risk decision, I will be more risk adverse.

Requirements: Two replies of 125 each for a total of 250 words. MGMT495 Senior seminar in Management Topic: Week 4 Risk Assessment

 

React to at least two significant ideas in the article (i.e., how did these two ideas affect your thinking, cause you to reflect, change your mind, add to your understanding of the topic, etc.). What I am looking for here is a critical assessment of a couple of the main ideas of the article. ▪ Compare and contrast the text concept of Leadership Development with Pugh’s concept of Leadership Development.  ▪ Outline how these concepts can help you as a leader in your personal Leadership Development (be specific).750-800 words, APA format . Business Finance – Management Homework Questions

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2. React to each of the five myths the authors present. Do you agree or disagree? Explain and defend your position. ▪ Using Figure One, Executive Ethical Leadership Reputation Matrix, give an example of a leader in each of the four quadrants. These can be well-known leaders or ones for whom you have worked or are familiar. NOTE: You may not use examples from the article. Think critically about this and make the case for the leader you select in each of the quadrants.: 750-800 words, . Business Finance – Management Homework Questions

In the long run, our economy continuously grows. Along this growth path, there are periods of contraction that may lead to a recession or depression, as well as periods of expansion that may lead to inflation.  Economics Assignment Help.These fluctuations in the economy impact employment, prices, wealth, distribution of income, and stability. Given the harmful effects of the peaks and troughs in the business cycle, the government uses a variety of tools to prevent, reduce, and recover from these extremes. For this assignment, you will apply the various fiscal and monetary policy tools that may be used to close deals with inflation and recession. As you work through the assignment, you will investigate relationships and differences between production growth, the financial system, unemployment, inflation, and economic stability. Economics Assignment Help

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Fiscal policy uses the budget, taxes regulation, and emergency legislative actions to manage the economy. Although the President may propose budgets and regulations to manage the economy, it is Congress that establishes the federal budget, tax laws, and emergency legislative actions. The President does have veto power, but the actual fiscal policy legislation is the work product of Congress.

As an aid to a congressman, you are to provide an essay that addresses the following questions: The essay should be written in paragraph format on a Word document, with a minimum of 275 words, following APA guidelines.  Once complete, upload it into Blackboard.

·      Identify and summarize three fiscal policy tools that the federal government may use to combat a recession.  Economics Assignment Help

o   Explain how each tool may reduce the recession and how it impacts employment and growth.

·      Identify and summarize three fiscal policy tools that the federal government may use to combat inflation.

• Compare and contrast the difference in which monetary policy and fiscal policy maintain a stable economy and help promote economic growth and employment. Economics Assignment Help