Free Go Charge's Locker Research Paper Example

Answer 1 The Go Charge organization is exposed to two types of environments; internal and external environments. In these, there are exists risks and opportunities. Therefore, the business is required to identify each, capitalizing on the available chances and managing the risks to within the business manageable capacity. Risk management analysis entails identification of risk, analyzing the risk and then managing that risk. Risk management analysis is very helpful ii risk examination and in following a well laid down processes to hedge the risk.
Through this analysis, the effectiveness of the process and the financial factors related to these processes are put into the limelight. As the Go Charge business expands, it gets involved into more and more risks that require constant address. Due to the fast growing global business scope, the risk management initiatives are a major issue to any business in operation today. A number of risks can be handled during this process. The following steps if followed keenly can lead to a well versed risk handling. These steps are; discovering the risk, estimating the risk factor, managing the risk factor and regular monitoring of the applied strategies.
Answer 2 A quality management plan for Go Charge business organization documents how the organization would plan, implement and assess how effective is its quality assurance and quality control operations. It, therefore, stipulates how the Go Charge is going to structure its quality system, policies and procedures, responsibilities, roles, areas of application and authorities. The organization's elements of the quality system are documented in the Quality Management Plan. The organization is, therefore, expected to have a solid basis when it comes to project planning. The management plan for this organization will, therefore, require to be reviewed frequently to be in line with the changes in the market.