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Risk

In: Business and Management

Submitted By blueorchid
Words 2979
Pages 12
Task 1(A)

Global Marketplace Activity (A1)

Being the largest hospital corporation in the world, with over 160 hospitals, 100 surgical clinics, and a never ending amount of specialty facilities, supplies are an essential component to the successful day to day operations. In the event that those supplies were not able to be delivered on time, the possibility of not being able to provide properly for our patients would be immense. And with the company receiving certain supplies from all over the world, it is very possible that due to measures beyond the hospital corporations control or the supplying company that delivery of supplies could be delayed due to inclement weather, natural or manmade disasters. This in turn could have a substantial impact to the quality of care provided and received. In addition, the hospital corporation is also a key component to several ongoing research projects for treatment, cures and vaccinations for various diseases and infections, all of which rely on the supplies provided by other research facilities or specialty supplies provided by specific supply companies who could be impacted by these potential disasters, which would debilitate and prolong the success of the research projects effected.
Risk Source (A2)

The source for the first risk identified would be nothing more than age and continual use. The boiler at the Disaster Recovery site is the original boiler for the building which is approximately 50 years old, and even though the boiler has been provided annual maintenance, the fact the boiler has been actively in use for the past 50 years, the likely hood of its demise is absolutely imminent and a very real threat to the continual success of the Disaster Recovery site.

With regard to the communication lines at the corporate facility, and the second risk identified. Currently there is construction of a major bypass...

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