1-2 page report: 5-2- Risk Impact Assessment Overview When performing an evaluation to determine the performance or health of a company, it is important to identify and evaluate any current or potential risks the company might face

1-2 page report: 5-2- Risk Impact Assessment

Overview

When performing an evaluation to determine the performance or health of a company, it is important to identify and evaluate any current or potential risks the company might face.

In this assignment, you will perform a risk assessment for TransGlobal Airlines to better understand its business environment.

Prompt

Perform a risk assessment for TransGlobal Airlines and write a report describing the results.

Specifically, you must address the following rubric criteria:

• Identification : Identify two risks the company is facing, including at least one high-impact risk.
  • Identify the balanced scorecard component each risk corresponds to.
  • Classify the risk based on these two types:
    • Operational 
    • Strategic
• Evaluation : Determine whether the probability and impact of each identified risk is low, medium, or high. Justify your evaluation of the impact and probability of each risk.
• Mitigation : Recommend a possible risk-prevention or mitigation strategy for each identified risk.

Guidelines for Submission

Submit a 1- to 2-page Word document using double spacing, 12-point Times New Roman font, and one-inch margins. Sources should be cited according to APA style.