RUNNING HEADER: Potential Risk Factors Potential Risk Factors Potential Risk Factors BUS475 Understanding the risks listed below is regular will be indispensable to assessing an association's necessary arrangement. Besides, seeing how to quantify and screen these risks can assist organizations with recognizing and relieve barricades in the essential provision. 1. Economic Struggles Changing large scale and microeconomic conditions can cause increasingly significant expenses underway; for instance, required materials can turn out to be scant or have lower edges causing lower benefit. Checking the changing monetary conditions can assist with envisioning the impacts on the business and change techniques varying. 2. Political vulnerability. The administration assumes an indispensable job in the maintainability and strength, all things considered, legislative unsteadiness, such as visit changes in arrangements, can prompt vulnerabilities and lower benefits. Observing the world of politics can help in the capacity to make inside approach changes to relieve outside risks. 3. Demographic changes. Changes in populace demographics of the objective market can be gainful because, as it may, gone unchecked can prompt misfortunes. Checking deals information, client profiles, and dissecting buyer conduct can quantify the demographic changes that can compromise the organization. 4. Increasing competition. With a profitable business comes increasingly extensive measures of competition, and the risk for impersonation increments. The degree of competition can be persistently checked and estimated through statistical surveying and examination, enabling a business to keep its upper hand. 5. Quality Control. The test of meeting and surpassing the degrees of quality wanted by purchasers frequently represent a risk because of the capacity for new organizations to improve and enter the market. Checking clients' assessment and revamping items to line up with showcase needs can help decrease losses because of quality issues. Contingency planning A business contingency plan is a game-plan that your association would take if a surprising occasion or circumstance happens. In some cases, a contingency can be sure, for example, an unexpected flood of cash—however, regularly, the term alludes to an adverse occasion that influences an association's notoriety, money-related well-being, or capacity to remain in business. These incorporate a fire, flood, information penetrates, significant system disappointment, and only the tip of the iceberg. Contingency plans are a significant part of your general business coherence methodology since they help you guarantee your association is prepared for anything. Numerous huge organizations and government associations make different arrangements of contingency designs with the goal that an assortment of potential dangers is very much looked into, and their proper reactions are thoroughly drilled before.

1. RUNNING HEADER: Potential Risk Factors
Potential Risk Factors
Potential Risk Factors
BUS475
Understanding the risks listed below is regular will be
indispensable to assessing an association's necessary
arrangement. Besides, seeing how to quantify and screen these
risks can assist organizations with recognizing and relieve
barricades in the essential provision.
1. Economic Struggles
Changing large scale and microeconomic conditions can cause
increasingly significant expenses underway; for instance,
required materials can turn out to be scant or have lower edges
causing lower benefit. Checking the changing monetary
conditions can assist with envisioning the impacts on the
business and change techniques varying.
2. Political vulnerability.
The administration assumes an indispensable job in the
maintainability and strength, all things considered, legislative
unsteadiness, such as visit changes in arrangements, can prompt
vulnerabilities and lower benefits. Observing the world of
politics can help in the capacity to make inside approach
changes to relieve outside risks.
3. Demographic changes.
Changes in populace demographics of the objective market can

2. be gainful because, as it may, gone unchecked can prompt
misfortunes. Checking deals information, client profiles, and
dissecting buyer conduct can quantify the demographic changes
that can compromise the organization.
4. Increasing competition.
With a profitable business comes increasingly extensive
measures of competition, and the risk for impersonation
increments. The degree of competition can be persistently
checked and estimated through statistical surveying and
examination, enabling a business to keep its upper hand.
5. Quality Control.
The test of meeting and surpassing the degrees of quality
wanted by purchasers frequently represent a risk because of the
capacity for new organizations to improve and enter the market.
Checking clients' assessment and revamping items to line up
with showcase needs can help decrease losses because of quality
issues.
Contingency planning
A business contingency plan is a game-plan that your
association would take if a surprising occasion or circumstance
happens. In some cases, a contingency can be sure, for example,
an unexpected flood of cash—however, regularly, the term
alludes to an adverse occasion that influences an association's
notoriety, money-related well-being, or capacity to remain in
business. These incorporate a fire, flood, information
penetrates, significant system disappointment, and only the tip
of the iceberg.
Contingency plans are a significant part of your general
business coherence methodology since they help you guarantee
your association is prepared for anything. Numerous huge
organizations and government associations make different
arrangements of contingency designs with the goal that an
assortment of potential dangers is very much looked into, and
their proper reactions are thoroughly drilled before an
emergency hit.
Consider contingency planning as a proactive system, though

3. emergency the executives—the other bit of the business
coherence puzzle—is all the more a responsive procedure. A
contingency plan helps guarantee you are set up for what may
come; an emergency the executives plan engages you to deal
with the reaction after the episode happens. Some of the things
to be included in a contingency plan include: Investigate
Competition Trends and Industry; Distinguish Potential Target
Market; Normalize Operating Procedures; IT Breach and Data
Recovery; Screen Consumer Opinion; Emergency
Communication Plan; Basic Functions Plan and Bug Secondary
and Primary Safeguards.
References
Rothaermel, F. T. (2019). Strategic management (Fourth).
New York: McGraw-Hill Education.
Fischer, R. J., Halibozek, E. P., & Walters, D. C. (2019).
Contingency Planning Emergency Response and Safety.
Introduction to Security, 249.
Rubric for Take-Home Assignments
(from PHPH-630 Geographic Information Systems in Public
Health v2008.05.1)
Criterion
Exceeds Expectations
Meets Expectations
Below Expectations
Not Acceptable
Demonstrated Knowledge

4. (50%)
· Shows complete understanding of the exercise
· Demonstrates full knowledge of the subject with explanations
and elaboration
Points: 50% of points for exercise
· Shows substantial understanding of the exercise
· At ease with subject content
· Able to elaborate and explain to some degree
Points: 37.5% of points for exercise
· Response shows some understanding of the exercise
· Uncomfortable with content
· Only basic concepts are demonstrated and interpreted
Points: 25% of points for exercise
· Response shows a lack of understanding for the exercise
· No grasp of information
· No clear knowledge of subject matter
Points: 12.5% of points for exercise
Requirements
(30%)
· Goes beyond the requirements of the exercise
Points: 30% of points for exercise
· Meets the requirements of the exercise
Points: 22.5% of points for exercise
· Does not meet the requirements of the exercise
Points: 15% of points for exercise
· Fails to complete the exercise
Points: 7.5% of points for exercise
Report Format

5. (10%)
· Format is consistent throughout, including heading styles and
captions
· Figures and tables are presented logically and reinforce the
text
Points: 10% of points for exercise
· Format is generally consistent, including heading styles and
captions
· Figures and tables are neatly done and provide intended
information
Points: 7.5% of points for exercise
· Mostly consistent format
· Figures and tables are legible, but not convincing
Points: 5% of points for exercise
· Work is illegible, format changes throughout, e.g., font type,
size, etc.
· Figures and tables are sloppy and fail to provide intended
information
Points: 2.5% of points for exercise
Spelling and Grammar
(5%)
· Negligible misspellings and grammatical errors
Points: 5% of points for exercise
· Minor misspellings and grammatical errors
Points: 3.75% of points for exercise

6. · Several spelling and grammatical errors
Points: 2.5% of points for exercise
· Numerous spelling and grammatical errors
Points: 1.25% of points for exercise
References
(5%)
· Reference section complete and comprehensive
· Consistent and logical referencing system
Points: 5% of points for exercise
· Minor inadequacies in references
· Consistent referencing system
Points: 3.75% of points for exercise
· Inadequate list of references or references in text
· Inconsistent or illogical referencing system
Points: 2.5% of points for exercise
· No referencing system used
Points: 1.25% of points for exercise
BUS/475v10
Project Plan
BUS/475 v10
Page 2 of 3Project Title: Wk 4 – Apply: Project PlanProject

7. Objectives:
· Product Planning
· Product Development
· Product Release
Operational Step
Responsible Person
Timeline
Decision areas, design of goods and services. The system of
interactions area are successful in making Apple excel in the
design of its technological products.
Senior VP (Engineering) and Senior VP (Operations)
4-6 weeks
Schedule performance, product cost, the measurement of
effectiveness, details every stage of the designing process
Jony Ive, a British designer which is the chief design officer
and his design team
Meet every Monday to examine every product that’s in design
phase
The final step is the product release is when the product is
reviewed and considered to be as good as it can be
The engineering program manager and the global supply
manager
Released every year in September
Example
Project Title: Desert Taco Opportunity
Description: Based on initial feedback from customer surveys,
online discussion/social media groups, and SWOT analyses,
you’ve determined that there is an opportunity to increase your
organization’s customer base through the introduction of desert
tacos in your food truck menu.Project Objectives:
· Identify the top 3 potential customer groups for this

8. opportunity and describe their characteristics and preferences
Operational Step
Responsible Person
Timeline
Potential risk factors
Contingency plan
Analyze data to determine what will get potential customers
Market Research Manager
3 weeks
Economic Struggles
Consider contingency planning as a proactive system
People from the age of 18-35 which includes the youth, students
and young working professionals
Director of Marketing
4 weeks
Political vulnerability.
Investigate Competition Trends and Industry
Faster processor, larger screen and a lower price
Market research
3 weeks
Demographic changes.
Distinguish Potential Target Market
Finding out if customers are satisfied with the quantity of
product on hand or the wait time for new products
Senior operations manager
1 week
Increasing competition.
Normalize Operating Procedures
Determine the top 5 locations and times to complete a pilot
study with your test market.
Operational Step
Responsible Person
Timeline
Potential risk factors
Contingency plan
Determine the best research methods to use and to troubleshoot

9. unforeseen issues
Research team
2 weeks
Increasing competition
Plan and Bug Secondary and Primary Safeguards
Research what areas that have the strongest number of sales
Research team
4 weeks
Quality Control.
Normalize Operating Procedures
Putting ads on social media to promote new products
Social Media Marketing team
1 week
Economic Struggles
Investigate Competition Trends and Industry
Keeping track of product and inventory
Inventory Team
Daily
Political vulnerability.
IT Breach and Data Recovery
Estimate the required inventory and supply chain needs
necessary to support the Apple pilot
Operational Step
Responsible Person
Timeline
Potential risk factors
Contingency plan
Apple’s inventory turnover
Inventory Team
weekly
Increasing competition
Distinguish Potential Target Market
How the product will be supplied and obtain product pricing

10. quotes and delivery timelines.
Research team
1 week
Quality Control
Emergency Communication Plan
How the product will be shipped and storage needs
Operations Manager
Daily
Demographic changes
Screen Consumer Opinion
My project plan’s objective is to define what are the strategic
management and role of strategies used and to focus on the
process and focusing on the target audience. Apple is well
known globally and is the 3rd largest in technology and services
and the 2nd largest smartphone company in the world. Apple is
known to be one of the most valuable and strongest brands in
the world. Apple has a uniqueness which is one of the reasons
for its success. Apple’s marketing strategy for its products is
finding out what the customer wants, what features it has, where
and when it will be available and the cost. Apple’s mission is
committed to providing the best innovations and technologies in
the world. With these various roles, steps along with the people
who are responsible for making sure that these tasks are going
according to plan at a timely manner. Apple provides its users
with a wide range of products in order to satisfy its customers
technology needs. The company strives to achieve the benefits
that are key to its users like quality, customers want something
that’s durable. In order to stay relevant the design market must
have a well thought out design. In order to do a good job, you
must be focused and eliminate all of the unimportant
opportunities and have empathy to truly understand the

11. customers needs.
https://www.apple.com
https://project-management.com