QUALIFI ASSESSMENT DOCUMENT

Qualifi Level 5 Diploma in Business Management

Assignment Brief BUS506

Qualification Risk Management and Organisations

Unit Reference T/507/1618

Qualification Reference (RQF) 601/6049/4

No of Credits 20 Credits

Contents
Introduction.....................................................................................................................................................................
Assignment Guidelines.....................................................................................................................................................
Plagiarism and Collusion..................................................................................................................................................
Appendices.......................................................................................................................................................................
Confidentiality..................................................................................................................................................................
Word Count Policy...........................................................................................................................................................
Marking and grades.........................................................................................................................................................
Learning Outcomes and Assessment Criteria...................................................................................................................
Referencing and Professionalism.....................................................................................................................................
Submission of Assignments..............................................................................................................................................
Assessment Tasks.............................................................................................................................................................
Scenario...........................................................................................................................................................................
Task 1: Organisations and Risk.........................................................................................................................................
Task 2: Risk in your organisation......................................................................................................................................
Mark Scheme...................................................................................................................................................................
Instructor’s Comments.....................................................................................................................................................
Qualifi Information...........................................................................................................................................................

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Introduction

Prior to attempting this coursework assignment, Learners must familiarise themselves with
the following policies:

 Centre Specification can be found at https://qualifi.net/qualifi-level-5-diploma-in-

business-management/
 Qualifi Quality Assurance Standards
 Qualifi Quality Policy Statement

This module will involve the Learner developing risk profiles and identifying risk
management strategies for selected case studies. These will be available on-line as used as a
means to illustrate the different ways organisations approach change. The course material
will be closely linked with creativity and innovation.

Assignment Guidelines
All work must be submitted in a single electronic document (.doc/.docx file). The
assignment must be the Learner’s own work and not copies of theories or models. Direct
quotes should be kept to a minimum, and shown in inverted commas. Models described
and other quotes used must be properly attributed and referenced as appropriate.
Learners must acknowledge or reference any sources that have been used to complete the
assignment, listing reference material and web sites used.

Plagiarism and Collusion

In submitting the assignment Learner’s must complete a statement of authenticity
confirming that the work submitted for all tasks is their own. The statement should also
include the word count. Plagiarism and collusion are treated very seriously. Plagiarism
involves presenting work, excerpts, ideas or passages of another author without
appropriate referencing and attribution. Collusion occurs when two or more learners
submit work which is so alike in ideas, content, wording and/or structure that the similarity
goes beyond what might have been mere coincidence.

Appendices
Separate Appendices should not be used. Any use of tables, graphs, diagrams, Gantt chart
and flowcharts etc. that support the main report should be incorporated into the back of
the assignment report that is submitted. Any published secondary information such as
annual reports and company literature, should be referenced in the main text of the
assignment but not included.

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Confidentiality
Where a Learner is using organisational information that deals with sensitive material or
issues, they must seek the advice and permission from that organisation about its inclusion.
Where confidentiality is an issue, Learners are advised to anonymise their assignment
report so that it cannot be attributed to that particular organisation.

Word Count Policy

In total, the assignment should be between 3000 – 4000 words. Learners must comply with
the required word count, within a margin of +10%.These rules exclude the index (if used),
headings and information contained within references and bibliographies. When an
assessment task requires learners to produce presentation slides with supporting notes, the
word count applies to the supporting notes only.

Marking and grades

Qualifi uses a standard marking rubric for all assignments, and you can find the details at the
end of this document.

Unless stated elsewhere, Learners must answer all questions in this document.

Unit Title Risk Management and Operations

Unit Reference (RQF) T/507/1618

No of Credits 20 Credits

Learning Outcomes and Assessment Criteria

Learning Outcomes Assessment Criteria

When awarded credit for this Assessment of this learning outcome will require a learner to
unit, a learner will: demonstrate that they can:
1. Review organisations risk 1.1 Identify and evaluate different business environments and
tolerance in different the likely risks of those environments.
environments. 1.2 Provide examples of organisation’s tolerance to risk taking
and evaluate how organisations can measure tolerance.
2. Develop skills to identify 2.1 Produce a risk profile for an organisation.
and assess the risk profiles of 2.2 Review and comment on risk profiles of organisations in
organisations. different industries.
2.3 Discuss enterprise wide risk and the benefits and
drawbacks of such an approach.
3. Investigate how innovation 3.1 Analyse the possible risks of innovation in an organisation.

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can be used to reduce risk 3.2. Produce examples of how to manage innovation risk so
aversion in growing that innovation can be used to create advantage.
organisations.

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Referencing and Professionalism
A professional approach to work is expected from all learners. Learners must therefore
identify and acknowledge ALL sources/methodologies/applications used. The learner
must use an appropriate referencing system to achieve this. Marks are not awarded for
the use of English; however the learner must express ideas clearly and ensure that
appropriate terminology is used to convey accuracy in meaning.

Submission of Assignments
All work must be submitted in a single electronic document (.doc/.docx file) in your Learning
Portal or to submit to the Assessor/Centre Administrator.

Assessment Tasks

Learners may use their own employment context to write an assignment based on the
Assessment Tasks. Assessment Tasks are the intended learning outcomes of the unit,
which are linked to Assessment Criteria. These Assessment Criteria are descriptions of the
skills a learner is expected to meet to demonstrate that a Learning Outcome has been
achieved.

You are required to produce sufficient evidence for each assessment criterion in order to
meet learning outcomes of the unit

Scenario

If you are not in employment, please use the following scenario.

You work as a Senior Retail Manager of Adidas, which is a global leader in sports and fitness
equipment. Your job roles and responsibilities are recruiting, training, supervising and
appraising staff, managing budget, overseeing products, pricing and stocks, preparing
promotional materials, attracting new customers and liaising with the head office. As a part
of your job, you manage and lead various teams within the company to achieve specific tasks
such as sales, promotional, and staff development. Your organisation is using a Risk-based
approach to identify, assess and investigate all risks within the business operations. You are
providing an insight into the different risk profiles from both your organisation and on an
individual’s perspectives to evaluate business environment and manage innovation. You are
asked by the Directors to o review, identify, assess and investigate based on the following
assessment tasks about how to manage innovation risk so that innovation can be used to
create advantage against your competitors in the sector.

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Task 1: Organisations and Risk

Formative Assessment

In what ways will Risk and Incident Management impact on the workings of an organisation?
In your analysis, you must include

 How entire organisations, from the boardroom to the workplace plan effectively to
control for Risk Management
 Identify and explain examples of risk tolerance within the organisation
 A discussion of how tolerance can be measured and evaluated

Formatting:
900-1100 words
Justified alignment
Single-spaced
12pt Times New Roman font
Use an appropriate referencing system for footnotes and citations

Task 2: Risk in your organisation

Summative Assessment

Based on the principles of Risk Management, evaluate the management of risk in an

organization of your choosing.

Your analysis must include:

 An outline of how Risk is planned for within the organization, including strategies
and techniques of risk control (LO 2.1, 2.2, 3.1)
 The critical stages for managing Risk within the organization, including identifying,
investigating, reporting and recording incidents (LO 2.3)
 An judgment about the relationship between risk and innovation within the
organisation (LO 2.3, 3.2)

Assessment Criteria
Assessment of this learning outcome will require a learner to demonstrate that they can:
2.1 Produce a risk profile for an organisation.
2.2 Review and comment on risk profiles of organisations in different industries.
2.3 Discuss enterprise wide risk and the benefits and drawbacks of such an approach.
3.1 Analyse the possible risks of innovation in an organisation.
3.2. Produce examples of how to manage innovation risk so that innovation can be used to

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create advantage.

Formatting:
1900-2100 words
Justified alignment
Single-spaced
12pt Times New Roman font
Use an appropriate referencing system for formatting and citations

Learners are required to complete all tasks.

Mark Scheme

Instructor’s Comments

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Marking Directions:

1. For each of the criteria listed in the first column, circle one box in the corresponding
column to the right which best reflects the student’s work on this particular
assessment activity (e.g., project, presentation, essay).

2. Provide specific feedback to a student about each of the criteria scores

he/she earned by writing comments and suggestions for improvement in the
last row titled “Instructor’s comments.”

3. To arrive at a mark, total the boxes and divide by 5 to arrive at a final mark

Criteria Score

Content 50
Application of Theory and Literature 40
Knowledge and Understanding 50
Presentation/Writing Skills 40
Referencing 40

Total Score 220/5 = 44, Basic

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Qualifi Information
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