The paper tells the tale of two companies, Toys R Us and Specs Music Corporation, and the consequences they face today for not having performed their risk management duties well in the past, and for not evaluating the impact of changing external factors on their company's performance. Bibliography lists 12 sources. A 20 page paper that provides an overview of risk management in both public and private sector operations as it relates to budgeting and fiscal aspects. Bibliography lists 24 sources. A 5 page paper discussing risk management as a necessary business activity in today's integrated business environment.
Disaster recovery is an integral part of managing the risks businesses face.
All management plans must define what losses the business could sustain and still remain operational, and all irreplaceable records must be protected from total loss. With today's inexpensive electronic storage capabilities, there is little excuse for any organization losing information vital to its continued operation, but businesses must determine what information falls into that category. Bibliography lists 6 sources. The writer argues that while many in the profession view this trend with a somewhat ambivalent attitude, the tide of change that is sweeping over records management affords those in the profession with an excellent opportunity to increase the status and standing of records management through the use of their expertise. Bibliography lists 7 sources.