Risk Impact Assessment

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.

o Identify the balanced scorecard component each risk corresponds to. o 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.