Assignment 2 Risk Identification

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School

Northeastern University *

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Course

6130

Subject

Information Systems

Date

Jan 9, 2024

Type

docx

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Uploaded by SargentButterfly6625

Module 2 Assignment Hongyu Chen 2023/4/23 Name: The logistics company (hypothetical) Determine the risk types the organization might encounter: Potential risk types include financial, operational, legal, compliance, technology, and competitive risks.

Analyze the competition: The logistics company operates in a highly competitive market, with several players offering warehousing logistics services. Negative Risk 1: The risk of losing market share caused by intense price competition resulting in reduced revenues and profitability. Impact: This risk could negatively impact the company's financial performance and long-term growth prospects. Negative Risk 2: The risk of technological disruption caused by competitors adopting innovative solutions faster than the logistics company, resulting in a loss of competitive advantage. Impact: The company may face operational inefficiencies, increased costs, and a weakened market position due to outdated technology.

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