This website uses cookies to ensure you have the best experience. Learn more

Risk Review Plan For Macville Pty

2827 words - 12 pages

Manage Risk


Risk review plan for MacVille PTY LTD
Task 1

Janith Damboragama

MacVille business plan FY 2011/12
Description about the company

MacVille cafes serve competitively priced, high-quality coffee and gourmet food in a safe and comfortable café-style environment. Our friendly, well-trained staffs provide superior customer service.

MacVille aims to deliver our valued customers the very best café-going experience. In three years, the business will have established a presence across the Queensland and NSW, with the opening of additional cafes.

• Customer-focus
• Safety
• Teamwork
• Performance excellence

...view middle of the document...

The CEO for MacVille’s cafes in Queensland is Paula Kinski. However, MacVille café provides high quality coffee, gourmet food in a safe and comfortable café-style environment and competitively priced. Well-trained staff provides superior customer service and maintain the quality of the product as well as the services to the customers.

- Risk in relation to functions

o Human resource management: Hurley café is employed some of the family members. James appointed as operational supervisor and Mr.Hurley as the manager in the café.

o Financial operations: In Toowoomba Café, the same staff member who completed the cash register balancing also completed the bank deposit form and drop the money to the bank.
Banking is not done every day and most of the time cash kept on the premises.
There were no records for taking money from the cash register by family staff members. The wages and superannuation records seem to be incomplete with many calculations.
There was a 50% of chance of breaking the shop and risk of money robbery.

o Work health and safety: Does not establish process for dealing with injuries that occurred at workplace.
There are no written policy and procedures manual. Manager showed the employees how to do things the way he wanted them done.
There is no information in regards to employee’s entire past health issues.

o Supply chain: The two-hour delivery would make fresh pastry deliveries from the company’s central bakery plant impractical. The pastries would arrive after the morning rush.
Getting the company branded supplies through as quickly as a CBD Brisbane store could.
o Compliance issues: Running the dishwasher when only half full. Toilets all used the single flush system and shop waste water a lot.

The fit-out in parts looked old and unattractive, with some chairs unstable and broken and some parts of the worn carpet was simply taped over with gaffer tape.

Lack of sales promotion techniques occur due to less staff interested in the activities.

Could not be able to provide innovative and popular range of rice wraps for longer terms.

o Local governance: Concern about to make written policy and manual procedures in the workplace.

o Technology issues: The computer with all the stores employee details and financial records was not password protected
Do not have any WIFI inside the café.


- Discuss managing the risks involve with the operation of the Toowoomba Store
Lack of internal controls, specially cash handling, monitoring and recording:
The same staff member that completed the cash register balancing also completed the bank deposit form and do the banking as well.
However, banking was not done every day and most of the time $4000 was keeps on the premises overnight in the cash register, which causes safety. Hurley’s bank is a couple of blocks away from the shop and there was not enough time to do the banking every day.
Apart from that wage and superannuation...

Other Papers Like Risk Review Plan for Macville Pty

Assessment Essay

1336 words - 6 pages local resources (web, phone book, etc.) and show initiative and problem-solving skills to outline the plan for a conference. Assessment description For this task, you are required to complete a conference concept document. The concept document is designed to help a conference manager in developing a scoping document for a conference to be held. You are required to review the case study outline below, and create and complete all aspects of the

Bsbrsk501B Essay

808 words - 4 pages Assessment Task 1 Risk Review Macville Risk Management Policy and Risk Management Strategy Written Report Keeley Lassig SCOPE To become a water wise cafe, implementing policies and procedures in order for the cafe to run effectively. Upgrade toilet and dishwasher. Purchase frozen par-bake cooking system. GOALS * Serve competitive high quality coffee and food. * To have friendly well trained staff who provide great customer


825 words - 4 pages Assessment Task 2 BSBRSK501B Manage Risk Risk Analysis Assessment description: Using the information gathered in Assessment Task 1 and the case study provided, examine the likelihood and consequences of identified risks, prioritise the risks and determine options for treatment of each risk. Using this information you are required to develop an action plan for implementing risk treatment, document the plan as required, and

Risk Management

748 words - 3 pages  massive  fines  and  getting  the  image  throughout  the  Toowoomba   community  as  environmentally  irresponsible  could  be  disastrous  for   Macville.  Getting  fined  such  a  large  sum  of  money  could  be  very  hard  for   Macville  to  recover  form.     1-­‐C     Priorities     Banking  Risk:   The

Macville Conference Plan

1676 words - 7 pages manager and two MacVille Espresso sales people at the conference to help you with organising and presenting. 2. Presenters/ Entertainment o Engaging the right key note speakers and company presenters o Themed entertainment for dinner. 3. Attendees o Reasonable registration fee for delegates. Your target audience is owners and managers of retail coffee shops within the surrounding geographic zone. 4. Purpose o Full day conference with culminate

Manage Risk

936 words - 4 pages to review the implementation of the action plan developed in Assessment Task 2 and prepare a monitoring report. Assessment description Review the implementation of the action plan developed in Assessment Task 2 against the case study provided. Then prepare a monitoring report evaluating the risk management process. Procedure 1. Review the provided case study information in order to develop a report examining the ongoing implementation of a

Business Management

2051 words - 9 pages REPORT Risk management Introduction MacVille recognises that risk management is an essential component of good management practice and is committed to ensuring the implementation of risk management processes that focus on the proactive management of risks across the organisation. This risk management policy forms part of MacVille's internal controls and corporate governance arrangements. The risk management policy is designed to

Marketing Audit

5187 words - 21 pages MKT 5000 MARKETING MANAGEMENT Assignment 1 Semester 1 July 2011 MARKETING AUDIT FOR BIOSYSTEMS ENGINEERING PTY LTD. Prepared by: KEDAR CHAVAN Student number: U0061023717 Date submitted: 26Th August 2011 Executive Summary Biosystems Engineering Pty Ltd was incepted in year 1999 under the proprietorship of Richard Sulman and further registered in year 2008. It was developed to significantly improve the way today’s working

Fins Bank

2455 words - 10 pages Standards for ADIs 1. Capital Adequacy. 2. Capital Adequacy: Measurement of Capital. 3. Capital Adequacy: Credit Risk. 4. Capital Adequacy: Market Risk. 5. Funds Management and Securitisation. 6. Liquidity. 7. Credit Quality. 8. Large Exposures. 9. Equity Associations. 10. Audit and Related Arrangements for Prudential Reporting. Copyright  2007 McGraw-Hill Australia Pty Ltd PPTs t/a Financial Institutions Management 2e, by Lange

auditing and assurance assignment

679 words - 3 pages performances recently. More importantly, four key audit risk areas are identified and verified, including Revenue, Property, Plant and Equipment, Interest-Bearing Liabilities and Borrowings and Foreign exchange contracts accounts. And with respect to biological assets, creative and innovative audit plan improvements are recommended to increase fairness of evaluation. 2 Contents PART I

Legt2741 Assignment

1734 words - 7 pages Legt2741 Assignment – Research Assignment Asset Pty Ltd has run into complications regarding deductions they have claimed for bad debts, after one of its projects became financially unviable and was ordered by the parent (Buildco Ltd) to close it down. The Commissioner of Tax is disallowing the deduction on the basis of management overlap of the two companies, where Buildco is seen to have a very large degree of control over Asset via its

Related Essays

Risk Management Plan For Defense Logistics Information Service

848 words - 4 pages Risk Management Plan for Defense Logistics Information Service 1. PURPOSE This Risk Management Plan is an overall look at how Defense Logistics Information Service can protect it’s data. The implication of lost confidential government data is the primary cause for this plan, and will be treated with the utmost importance. 2. GUIDING PRINCIPLES This plan will be presented through a formal, written, written risk management, and security

501b Manage Risk Essay

5209 words - 21 pages . ------------------------------------------------- Assessment objective For this task you are required to determine the risk context associated with establishing a new business outlet within the existing business structure. You will be required to review internal and external environment factors, obtain support for activities and liaise with relevant stakeholders to identify risks. For the MacVille Pty Ltd simulated business scenario provided, you are required to assume the role

Bsbrsk501 B Manage Risk Essay

4531 words - 19 pages , taking into account stakeholder input and both internal and external environmental factors affecting the organisation. With the information gathered, you are to identify risks and present this to relevant parties for feedback. Procedure For the provided case study, you will assume the role of the risk manager/assessor. 1. Review the provided MacVille Risk Management Policy and Risk Management Strategy and complete a written report for your

Macville Essay

1106 words - 5 pages in treating each risk and its optional in treating. It wills mainly focusing on the issues raised from the meeting, financial risks, physical risks, and by-law compliance risk. Policy The risk management and process will be conducts in compliance with recommendation and guideline set by MacVille Pty Ltd and its OHS policy. This document is mainly for internal used. It will be implement and used as guideline for risk management plan for