Sound risk management strategy for a company

Sound risk management strategy for a company Order Description   Assessment Task: Research Report Research length (without references list): 2500-3000 Words Turnit In submission is required by the student: Acceptable plagiarism result is not more than 11% Expected learning outcome for the student from this research: - Identify and understand key concepts associated with corporate governance and public policy. - Identify and explain the different approaches to corporate governance that have shaped governance debates locally and internationally. - Explain the role of government recommended by the different approaches to Corporate Governance in the theories introduced and reviewed. - Analyse and explain how key stakeholders seek to shape the governance debate and its outcomes using the approaches and theories introduced and analysed. - Analyze and explain how the policy and regulatory environment affects the effectiveness of corporate governance Research topic details: For any company, any type of purchase and procurement department, as follows: • You are a consultant who has been engaged by a company to assist it in the development and implementation of a risk management strategy. • The aim from the targeted risk management strategy is to reduce the risk to the company of any criminal liability and reputational damage arising from fraud, corruption and other inappropriate activities that could arise in its procurement activities and relations with suppliers. The research should: 1. explain the principles of sound risk management, with a particular focus on identifying and preventing activities of this sort; and, 2. discuss the challenges of introducing a successful risk management strategy in the company. The research should be based on your own, independent research and critical analysis. You should refer to appropriate academic literature, including journal articles, and be supported with real life examples. Details of Marking Criteria for this Research Report by the subject Professor at the university: Critical Analysis (60%) Demonstrated: • Understanding of key concepts and theories • Critical and independent analysis of the key arguments and concepts in the reference material you cite • Understanding of the relationship between the important aspects of the topic • Well-developed argument demonstrating a sound understanding of the topic Research Depth (30%) Demonstrated: • Adequate number of references used • Relevance of references cited • Correct and adequate citation using the Harvard system of referencing Presentation (10%) (report's contents structure and formatting) (No Power Point slides are required) Demonstrated: • Use of appropriate academic style • Well-structured and coherent presentation of argument