Term Paper-What legislation or regulations apply to the industry area in which you work or intend to work—list and give a brief description of eight form of relevant legislation

Term Paper-What legislation or regulations apply to the industry area in which you work or intend to work—list and give a brief description of eight form of relevant legislation

You could be expected to outline the purpose and key element of current risk management standards. Where would you find this information and how does it link to AS/NZS ISO risk management standards?

Legislation and regulation from all levels of government will affect various aspect of business operations and the risk management aspect of the business. The impact of legislation and regulation will depend on business operation/ type of business, the number of staff employed, industry sector and the structure of the business.

• Why it is necessary to have a working knowledge of the legislation involved in business
• What legislation or regulations apply to the industry area in which you work or intend to work—list and give a brief description of eight form of relevant legislation
• How and from where you sourced this information

Make as list of 10 forms of legislation or regulation that could have an impact on risk and that you might have to outline when comunicatiing with employees.

 

Each organisation should have policies and procedures, grounded in the relevant legislation, in place to support their operations and various functions/ activities of the business. Risk management plans will relate to the overall operations of the organisation.

Outline the reasons why business organisation should develop risk management policies, risj registers and processes for managing risk. 250-300 words