Term Paper – Scenario Expansion Draft

For your Risk Management Analysis Term Paper this week, you are to submit a rough draft of your scenario expansion. Using the business selected in week 4 expand the scenario beyond the basic information already provided.

You will need to generate a list of possible questions that should be asked to complete the assessment. Include this list in the final paper. You may need to add to the scenario to illustrate why these questions are important. Be sure to clearly address the risks inferred by the questions you generated.

Below are links to the initial scenarios:

• Major Motors Used Cars
• Carpe Sputum Medical Supplies (CSMS)
• Little Fish and Aquarium Stores, Inc.
• Cabbage Patch Cookery  (this is the one i choose so go with this one. The Senerio is attched)     

Complete details on the Risk Management Analysis Term Paper are available in the Course Materials
folder.

Business Name: Cabbage Patch Cookery
Type of business: Catering
Locations: Business operates out of her home in Schaumburg. Occasional use of a commercial bakery to provide tarts for some of her specially catered Cabbage Parties. Martha’s specialty is egg salad tarts with honey glaze topping. Transportation of foods is done in a small van owned by Martha.
Staff: Single owner, Martha Cabbage. Three other part-time staff that help cook and serve.
Benefits: None provided to staff, except that they can eat the left-over or excess food.
Previous loss history: None. This business started in the spring of 2004.
Financial: The business has generated a net profit of $38,000 so far this year.