The Savory Aroma Coffee Shoppe is a New Zealand privately owned coffee shop, formed from the integration of two private coffee shops: Savory Coffee Shop and Aroma Coffee Shop. This company follows the step by step planned procedure and techniques to solve the risks and problems occurs in the company.
Legal Risk:
This is the type of risk which is a really wide concept and It includes all aspects of a legal system of the organization. It can also be described as the risk occur from the uncertainty due to legal actions or indecision in the interpretation of contracts, laws or regulations.
This is one of the important factor which Savory Aroma Coffee Shop is taking care about. According to their policy this type of risks may impact on the extent …show more content…
Or damaged or low quality Mugs. In this scenario If the customer got injured than they can take a legal action against the company or against the company’s staff.
In this case Savory Coffee Shop can take some steps like, the staff needs to be trained and educated and regularly briefed for new flavors and how they can check and control the right temperature of the coffee. The shop manager should also need to take care about the outer aria of the shop to make sure there are enough lighting and clear and proper pathway for the people to walk across …show more content…
As per their policy of risk management in Business disruption type, they try to shield their staff overloading and telecommunication services.
The savory Coffee shop can be interrupted by so many different factors, as it is a customer service and quality product based company they have taken care about their quality of the product and services both.
Another factor is an effective ongoing supply chain. If anything happen to their supply chai then this will definitely create a big issue for the company.
As for example: The big order is about to finish and accidently the supplier who was going to supply remaining raw material got interrupted by an incident happened on the way while they were transferring the materials to the coffee shop.
This type of situation might happen, and that’s why the management team has to decide the backup plan to manage this type of risk. Well this should be pre planed in such an easy way that it can be overcome by other supplier within the time
Legal Risk:
This is the type of risk which is a really wide concept and It includes all aspects of a legal system of the organization. It can also be described as the risk occur from the uncertainty due to legal actions or indecision in the interpretation of contracts, laws or regulations.
This is one of the important factor which Savory Aroma Coffee Shop is taking care about. According to their policy this type of risks may impact on the extent …show more content…
Or damaged or low quality Mugs. In this scenario If the customer got injured than they can take a legal action against the company or against the company’s staff.
In this case Savory Coffee Shop can take some steps like, the staff needs to be trained and educated and regularly briefed for new flavors and how they can check and control the right temperature of the coffee. The shop manager should also need to take care about the outer aria of the shop to make sure there are enough lighting and clear and proper pathway for the people to walk across …show more content…
As per their policy of risk management in Business disruption type, they try to shield their staff overloading and telecommunication services.
The savory Coffee shop can be interrupted by so many different factors, as it is a customer service and quality product based company they have taken care about their quality of the product and services both.
Another factor is an effective ongoing supply chain. If anything happen to their supply chai then this will definitely create a big issue for the company.
As for example: The big order is about to finish and accidently the supplier who was going to supply remaining raw material got interrupted by an incident happened on the way while they were transferring the materials to the coffee shop.
This type of situation might happen, and that’s why the management team has to decide the backup plan to manage this type of risk. Well this should be pre planed in such an easy way that it can be overcome by other supplier within the time