Cmgt 442 week 5 learning team assignment risk assessment paper

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Running Head: MCBRIDE FINANCIAL SERVICES RISK ASSESSMENT

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McBride Financial Services Risk Assessment for Boise City, Idaho CMGT/442

Abstract According to Cooper (2005) risk assessment is the process of risk analysis and risk evaluation. The purpose of McBride’s risk assessment is to develop agreed priorities for the identified risks of their location in Boise, Idaho. For companies such as McBride Financial having a costeffective strategy will help in the implementation process. The monitoring and reviewing of risks


Running Head: MCBRIDE FINANCIAL SERVICES RISK ASSESSMENT

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will help McBride to detect and managed these risks. This ensures that the company’s action plans are implemented and progressed effectively (Cooper, 2005). Review processes are often implemented as part of the regular management meeting cycle, supplemented by major reviews at significant project phases and milestones (Cooper, 2005).

McBride Financial Services Risk Assessment Several types of toxic chemical facilities are located in the city of Boise, Idaho; some are hazardous and radioactive. Industrial chemical businesses are located around the main office of McBride Financial. Northwest Terminal Company, located in Boise is an industrial company that provides pipeline transportation for refined petroleum products. The company emits toxic


Running Head: MCBRIDE FINANCIAL SERVICES RISK ASSESSMENT

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chemicals into the air and around schools. The toxic chemicals that are released into the air are: •

Trimethylbenzene, 1, 2, 4-

Naphthalene

Xylene (mixed isomers)

Benzene

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