ASSIGNMENT FRONT SHEET

Student Name:

Certification: I certify that the whole of this work is the result of my individual effort and that all
quotations from books, periodicals etc. have been acknowledged.

Student Signature: Date:

Student Registration Number:

Student email address :

Programme : MBA All routes Year/Level : 1/7

Academic Year : 2019/20 Trimester :
Module title : Evaluating Risk and Decisions Assignment no. : 1
Module code: BUS7AO Word guide: 2500
Percentage Weighting of this assignment for the module: 60%
Issue date : 29 May 2020 Return date : 03 Jul 2020
Lecturer : Mr Ken Chua Second marker : Dr Keai Lim

Notes for students :

1. Electronic copy of assignment must be submitted through Turnitin.
2. 10% of marks are awarded for satisfactory use of language and/or good presentation.
3. 5% of marks are awarded for satisfactory referencing and/or presentation of a bibliography where either is
required. Note that all referenced work should be obtained from credible sources.
4. Students should ensure that they comply with Glyndwr University’s plagiarism policy.
5. Students should make correct use of the Harvard referencing method.

Learning Outcomes Tested in this Assignment :

1. Critically asses the types of risks within a national or global framework
2. Critically evaluate options available for effective management and mitigation of risk types within a
strategic context

Overall Comment :

Mark (%)
Would students please note that achievement of the learning outcomes for this assessment is
demonstrated against the assessment criteria shown below (which are not necessarily weighted
equally). All marks/grades remain indicative until they have been considered and confirmed by the
Assessment Board

Marks Marks
Assessment Criteria
Awarded Available
Effective introduction of the nature and origins of risk as a
concept and provision of a critical insight into the components of
1 probability, uncertainty, likelihood and impact, including 35
economic aspects and possible legal issues

Detailed analytical review of risk classifications to design a risk

management plan with supporting illustrations drawn from
contemporary business, environmental and social incidents and
2 50
events that subsequently contribute to the effective management
of risk to the company you chosen.

Harvard referencing principles are applied throughout the

submission in the correct manner. Evidence of the use and
4 application of authentic and academic sources 05
Omitting to reference correctly reduces work to a descriptive
level only.

The work is presented to a professional and business-like

standard and incorporates an introduction and summary. Each
5 section is clearly identified with a sub-heading. International 10
business English that is correctly structured and applied
throughout.

Additional Comments from Second marker or External Examiner (if required) :

MBA – Evaluating Risk and Decisions – Assignment 1

Utlising a company of your own choice undertake independent research that may include
relevant company reports and information, business media, publications from statutory
bodies and governments in order to draw on practitioner examples, together with supporting
theoretical sources to undertake the following:

1. Critically evaluate the components which are widely recognised as contributory factors to
the concept and occurrence of risk within a business and societal setting and acknowledges
economic and legal implications.
(35 marks)

2. A knowledge transfer of the classification of risk, as a foundation for the design and risk
management plan which identifies the potential hazards, hazard sources and hazardous
events prior to assessing the associated risks. Evaluate the control measures to be
implemented for the identified risks. State how the control measures and effectiveness of
the risk management plan will be monitored from an operational perspective, including
corrective actions, record keeping and review frequencies.
(50 marks)

In each section the use of supporting recent and relevant academic theory is required to
underpin your answer. (05 marks)

Professional business presentation and structure with clear headings, sub-headings and that
includes a brief introduction and summary will also be an aspect of the overall assignment
mark. (10 marks)

Total (100 marks)

Overall modular value of this assignment is 60%

Masters level Marking Criteria

No work has been submitted in the time allowed, or the work submitted Fail:
demonstrates little or no understanding of the task or the subject matter. Marks
This may be evident where the work is substantially incoherent, irrelevant or below
lacking in factual content, or where these shortcomings are present in 30%
combination such that the work as a whole is unsound. Major errors of fact,
or evidence of substantially poor cognitive or other relevant skills will also
lead to a fail.
The work shows some knowledge and required skills are present to a Fail:
degree. There may be appreciable error or omission of facts, poor Marks in
structure, misdirection to the task, or poor conceptualisation or the range
illustration of the work. Evidence of analysis and evaluation is weak. 30% –
There will be indications in the work that the candidate is capable of 39%
improving it by further application to the task
The work contains sufficient descriptive information. There is some Pass:
analysis and explanation with appropriate illustration and example, Marks in
and some attempt to evaluate. The work will generally be coherent the range
and relevant, it will contain some useful proposals or solutions related of
to familiar solutions and there will be some attempt at originality. It 40% –
will be communicated clearly. 49%
The work contains all the necessary contextual information. There Pass:
will be adequate analysis, explanation and conceptualisation, with Marks in
appropriate illustration and example, and sound attempts to evaluate the range
and judge. The work will be substantially coherent and will contain of
relevant and feasible proposals or solutions related to familiar 50% –
situations, some responses to uncertainty or ambiguity and some 59%
acknowledgements of the implications of change.
The work will contain complete explanations using most available Pass:
information. There will be substantial analysis; the ability to recognise Marks in
evidence, use ideas, conceptualise, evaluate and judge in familiar the range
situations will be clearly demonstrated. Proposals or solutions will be of
contextually relevant and useful, with substantial evidence of the skill 60% -
necessary to operationalize them in a variety of situations, including 69%
those in which uncertainty, ambiguity or change are present. The
work will provide evidence of originality and of useful knowledge
transfer to novel situations. It will be coherent and convincing.
The work will clearly demonstrate the ability to analyse accurately, Pass:
reliably and fully, all relevant information; to use evidence; to Marks in
conceptualise, evaluate and judge; to propose and operationalise the range
effective solutions, and to show substantial originality and creativity in of 70%
a variety of familiar situations or in the face of ambiguity, uncertainty and above
or change. It will demonstrate valuable knowledge transfer and
propose feasible solutions for a wide range of situations. Evidence of
the ability to innovate will be present.