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Btec Business Level 3 Assignment 1

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Btec Business Level 3 Assignment 1
BSBRSK501A MANAGE RISK

ASSESSMENT ACTIVITY 6

First of all, the aim of business is increasing of income.
They should consider how to maintain existing regular income and to increase new revenue by the expansion.
When the business is expanded, they should have enough research and money.
The expand looks dangerous.
For the safety, they need life guards who are strong swimmers and helpers to control houseboat in high winds.

It has many interceptive problems for the expansion like climate and noise.
For the success, they need equip tent, beach parasol and soundproof walls. Before making an investment in the expansion, they should consider with the profitability. ASSESSMENT TOOL 2
In Australia, federal and state laws protect
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This can be in relation to other businesses, customers or the environment. For example, it is essential that all agricultural products are used safely. Syngenta seeks to meet and exceed the requirements of local and international laws for all the countries within which it operates.
Policy context
Climate change is a complex issue and responding to it requires the planner to navigate the rapidly evolving landscape of information, advice, policy and legislation. By providing context and background, this section of the toolkit will help you make informed decisions about developing and implementing policy in this area.

Critical success factor (CSF) is the term for an element that is necessary for an organization or project to achieve its mission. It is a critical factor or activity required for ensuring the success of a company or an organization. The term was initially used in the world of data analysis, and business analysis. For example, a CSF for a successful Information Technology (IT) project is user involvement.

Stakeholder
1. Accountable – some stakeholders are accountable for the success of the entire project or a particular phase of the project, generally they are the departmental or divisional managers
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The business is open to assistance from agencies such as Small Enterprise Development Agency, The National Youth Development Agency and many others
Broad Based Black Economic Empowerment presents great opportunities for ExpressX Warehousing and Distribution Services
There are opportunities for South Africans to export products. This may bring about a market for warehousing services as some goods need to be stored in a reliable warehouse prior to being exported
The opportunity presented by SETA could open better avenues for learnership and development in the business
Other opportunities include the growth in middle income groups as well as the increase in double income families

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