A 750-word paper that includes three references two from the material in this lesson. Needs to be a 5 paragraph essay. An introduction, three body paragraphs, and conclusion. The body paragraphs have be included in the introduction and conclusion.
Complete this essay to test your understanding of liability-related risks, and their potential impact on a business reputation.
Deliverables:
The essay for this lesson is required to be a minimum of 750 words that clearly demonstrate your understanding of the activity. Essays should have a clear introduction, thesis statement and conclusion, written in APA format (APAstyle.org). A minimum of three sources, at least two from the lesson, must be cited in-text and in the Reference list.
Activity Details:
Step 1: Introduction and Research
In addition the resources presented in this lesson, research the Cline Library http://library.nau.edu/ and/or the Internet, books, journals, etc. about risk management related to liability like cyber, property damage and third party liabilities.
Write an introductory paragraph about the importance for small businesses to manage and mitigate potential business risks like cyber, property damage and third-party liabilities.
Include a statement about how all of these risks, individually or collectively, that can lead to serious reputation damage for a business if left unmanaged. Identify and describe three examples.
Describe an avoidance / mitigation prevention process that could be implemented to manage these risks.
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