Module Five Report: Risk Impact Assessmentid# 2316387souther

Module Five Report: Risk Impact AssessmentID# 2316387Southern New Hampshire UniversityMBA 620 Measuring Success in an Organization 08:39:06 GMT -05:00I am tasked with performing a risk assessment for TransGlobal Airlines to understand its business environment better. "Assessing risk is essential for determining how worthwhile a specific investment is and the best process(es) to mitigate risk." (Kenton 2022). "Risk assessment is important to determine the rate of return an investor would need to earn to deem an investment worth the potential risk," Kenton says. TransGlobal Airlines is in the process of acquiring either Company A or Company B, if not both. I explored six internal and external factors using the PESTEL framework in the previous assessment. The impact resulting from those factors may be out of the company's control. And the same can be argued for some risks. In this report, I will look at two risk classifications: (1) operational and (2) strategic.Identification"Operational risk summarizes the uncertainties and hazards a company faces when it attempts to do its day-to-day business activities within a given field or industry." (Segal, 2023). "Strategic risks is the process of identifying and managing the specific risks that affect an organization's ability