Assignment Instructions

Compose the
business letter (in proper business letter format) based on the
information for the scenario noted below. Please feel free to use
business letter formats and page set ups that you view in our readings,
or ones you search for using MS Word templates. Any formal business
letter template that you find in Word or other credible format sources
is fine for this assignment.

You will want a sender address (that
would be you, but you can use a made up address) and you can make a
letterhead to be most complete.
Remember to include a “to” or recipient address (make it up if you need to).
Subject line
and Date would also be in a business letter.
You will need a salutation as well.

Here are the details that the letter must include (adapted from Davis 93):
You are a tax accountant for a woman named Dr. Barbara Smith. She is a
retired university professor. She recently received a letter from the
IRS dated December 2, 2012. The letter has a heading titled “Proposed
Changes to Income.” She is giving you the letter to represent her on a
response to the IRS.
The following facts concern this issue and you
need to incorporate them in the letter, using the best possible order
and layout, following the Six Cs of Communication.

(These facts are not listed in a particular or desired order):

The IRS claims that Dr. Smith had three income payments not reported or listed on her tax return.

The
Teachers Insurance and Annuity Association payment she received that
year was $1,213. Of this amount, $516 was on her return on Schedule B as
dividends.

The College Retirement Equity Annuity payment she received of $2,656 seems to be missing from her return.

Dr. Smith has a business that includes writing.

Of the Teachers Inurance Annuity Association payment, $697 of it was listed on line 16 of the return as fully taxable pension.

You want the IRS to send Dr. Smith a revised tax bill.

Dr. Smith’s Social Security Number (SSN) is 123-56-9876

The book royalties of $275 she earned was included in the $4,660 gross receipts on Schedule C under Business Income.

Carefully
consider the way to send a letter, correcting the record and noting
what was indeed reported and any other corrections that need to be made.
Consider how to visually order and layout this informatio

requirements
school Business writing
school Business Letter
school business letter format

Policy Soup: Dealing with the Aftermath of a New Cybersecurity Policy

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Prepare a 5 to 7 paragraph “Expert Opinion” for local government officials. This document should briefly present a strategy for communicating with residents about a new “cybersecurity” policy that places access restrictions upon the local government’s online services website.

Background: Due to increased hacking attempts against the Service Request system, the local government adopted the new policy without allowing time for public comment. There has been a significant amount of backlash including a protest by sports coaches and youth group leaders who were unable to file reservation requests for ball fields and meeting rooms in local Parks & Recreation facilities.

The newly adopted “cybersecurity” policy requires two-factor authentication (logon/password, PIN) in order to gain access to online services. The registration form requires name, address, cell phone number, email address, date of birth, and the last four digits of the individual’s social security number. The PIN is sent to the cell phone number (text message) or email address each time an individual attempts to logon to the Service Request system. If the PIN is not entered correctly, the logon will fail and access to services will be denied.

Your “Expert Opinion” (document) should address the following issues:

1. How can the local government officials convince residents that this “invasion of privacy” (collection of personal information during account registration) is necessary and for their benefits?
2. Should the local government suspend implementation of the new policy for 90 days (180 days?) to allow members of the public to comment on the new policy? Why or Why not?

Post your briefing statement as a response to this message (do not use an attachment). To get you started, use this link for example of city privacy rights:https://www.google.com/search?q=city+government+services+invasion+of+privacy

Provide in-text citations and references for 3 or more authoritative sources. Put the reference list at the end of your posting.

Read

The first article analyzes the enforcement of international law in U.S. courts (the most easily accessed for U.S. citizens living domestically). With direct private rights of actions in domestic courts having been called into question, what is the best way for the domestic court to allow treaties to be used? The authors describe three methods: indirect enforcement, defensive enforcement, and interpretive enforcement. The second article discusses the enforcement, or lack thereof, of international law on an international scale.

• International Law at Home: Enforcing Treaties in U.S. Courts (Links to an external site.)Links to an external site.
  • Focus most particularly on parts III-V
• Is International Law Really ‘Law’? (Links to an external site.)Links to an external site.

Discuss

• Does the use of the suggested domestic methods place too much power to the courts thereby granting them powers outside that set forth in the Constitution?
  • Why or why not?
• Should the decision as to whether international law is enforceable domestically rest with Congress?
  • The President?
  • Evaluate the three methods for constitutionality.
• Is international enforcement any more effective?
  • Discuss the pros and cons of both domestic and international enforcement.

Steve has asked his girlfriend Nadia to marry him. They dated for a
year after meeting in college at a fraternity party. Nadia has been
sexually intimate with one other boyfriend, while Steve has had multiple
partners. Both are American, but Nadia’s grandparents are originally
from Egypt. Despite different religious backgrounds (Steve is Methodist;
Nadia was raised as a Muslim) and cultures, they have a lot in common
and both sets of parents are very happy about their engagement. As part
of their preparation, they have begun premarital counseling. As Steve
and Nadia’s counselor, you know that a discussion of sexuality will be
important to their marital success.

• Describe the important aspects of sexuality (such as arousal and
  response, intimacy, contraception, etc.) that Nadia and Steve need to
  discuss. Remember to consider psychological/emotional as well as
  physical factors.
• Include a discussion of at least 1 theoretical perspective that you
  have learned about in this course (e.g., Sternberg’s Triangular Theory
  of Love, Masters and Johnson’s work, etc.).
• What risk factors pertaining to health can you infer might be
  present from the scenario? What can the couple do to minimize these
  risks?
• How will you show cultural competence during your sessions (i.e., what cultural issues should you consider)?

By the due date assigned, write an
essay that is 3-5 pages in length. Also include a cover page and
reference list. Remember to support your arguments with information
drawn from the online content, the textbook, and at least one other credible, scholarly source to substantiate the points you are making.
You can use relevant Web sites or journal articles as sources for your
presentation, but make sure that they are from reputable web and print
sources such as the AU online library, or information from .org, .net,
or .edu sites as opposed to .com. Please avoid Wikipedia.

Apply APA standards to for writing and citations to your work.

The paper should be double-spaced 12-point typescript, Times Roman font, with 1-inch margins all around, and free from grammatical errors.

Question 1 – Learning Outcome 1:

You are the Risk Manager for a well established budget airline that specialises in seasonal leisure travel. One of the airline’s aircraft was involved in a near miss incident with another aircraft. This incident was filmed and the recording was subsequently released on social media.

You have been asked by the Board to investigate the effect of this incident on the public’s perception of the airline. As part of this investigation, you need to understand the influences on risk perception.

Explain, with justification, two significant issues influencing the public’s risk perception of the budget airline

following this near miss incident.

Question 2 – Learning Outcome 2:

You are the Risk Manager for KC plc, a small online direct insurer. KC plc has built its business from start-up to profitability by focusing on technology, customer data and complex information technology (IT) systems.

One of KC plc’s competitors recently experienced a data breach. Subsequently, you have been asked by the Board to review the potential impact on KC plc’s business should technology/cyber risks occur.

(a) Explain, with justification, four significant technology/cyber risks that KC plc may experience.

(b) Explain briefly one risk management action KC plc could take to mitigate each of the four risks you have

explained in (a) above.

Question 3 – Learning Outcome 3:

You are the Risk Manager for JH plc, a small financial company based in the UK. JH plc has recently been fined by the financial regulator for mis-selling products and taking unnecessary risks with client money.

JH plc’s lack of formal risk management procedures has been criticised by the regulator. The regulator has also criticised JH plc for inadequately documenting their risk appetite and risk tolerance.

The Board have instructed you to carry out a risk review. Following your review, the Board will determine a reduced level of acceptable risk appetite and risk tolerance to satisfy the regulator.

(a) Explain, with justification, two actions you could take to assist in managing the risks, that would support a

reduced level of risk appetite and risk tolerance.

(b) Explain, with justification, one recognised mechanism JH plc could adopt that will demonstrate effective risk management to the regulator.

Question 4 – Learning Outcome 4:

You are a risk manager for EN plc, a newly formed insurer. EN plc was created by the merger of two competing insurers.

You are combining the two former insurers’ risk registers into a single risk register. You are also preparing for a visit by the regulator.

The risks on the register for EN plc have yet to be categorised. The risk categories will be on the agenda for the regulator’s visit.

Explain, with justification, two significant risk categories that will be of interest to EN plc’s regulator.

Question 5 – Learning Outcome 5:

You are the Risk Manager for AL Ltd, a privately owned logistics company. AL Ltd operate a fleet of vehicles and own two purpose built warehouses (A and B) that are located in close proximity to each other.

The vehicles in the fleet, when not on the road, are garaged in warehouse A. Warehouse B includes an office that contains the information technology (IT) system for stock control.

The table below shows AL Ltd’s key assets and their values.

ASSETS ASSET VALUES (£MILLION)

Warehouse A building 3.1

Warehouse A stock & contents 2.2

Warehouse B building 2.9

Warehouse B stock & contents 1.4

IT systems and office contents 1.0

An individual fleet vehicle 0.1

Total vehicle fleet 2.0

When reviewing the risk management plan, you have identified a number of catastrophic risk events. This information will form the basis of your forthcoming discussions with AL Ltd’s insurance broker.

(a) Explain, with justification, how you will determine the asset values whilst considering potential catastrophic

risk events.

(b) Calculate, showing all your workings, the maximum possible loss should a catastrophic fire start in

warehouse A. Include in your answer the assumptions you have made.

(c) Calculate, showing all your workings, the maximum probable loss should a catastrophic fire start in

warehouse A. Include in your answer the assumptions you have made.

Question 6 – Learning Outcome 6:

You are an insurance broker. One of your clients, a food processing company, has requested an annual review meeting.

At the annual review meeting, your client informs you that they intend to put their insurance programme out to tender with other brokers, unless the cost of the insurance programme is reduced.

The food processing company has the following risk features:

A large commercial motor fleet.

Processing and distribution of frozen and chilled food products.

The data on the information technology (IT) system is backed-up off-site.

The motor fleet claim experience is poor and includes a number of high value claims.

The claims experience is very good on all other insurance classes with no individual loss over £10,000 during the last two years.

The current insurance programme has the following features:

The premium spend on the motor fleet is very high.

The deductible levels, across all insurance classes, are very low.

The business interruption insurance spend is very high.

The company has been insured by the same insurer for a number of years.

Explain, with justification, five significant actions you would advise your client to take to reduce the cost of the

insurance programme.

Question 7 – Learning Outcome 7:

You are the Risk Manager for FY plc, an electronics company that has grown rapidly. FY plc specialises in the production of mobile phones for the highly competitive mobile phone market. FY plc is focussed on profitability and delivering shareholder value in the short-term.

FY plc is about to launch a new mobile phone that they expect will give them a competitive advantage. FY plc has made a significant investment in the development of this new product with borrowed funds. The production of this new mobile phone is heavily dependent on one specialist component supplier.

(a) Identify two potential catastrophic failures that FY plc could experience following the launch of the new mobile

phone.

(b) Explain how risk management could contribute to the prevention of each of the two catastrophic failures you

have identified in (a) above.

Question 8 – Across more than one Learning Outcome:

You are the newly appointed Group Risk Manager for MC plc, a successful UK-based pharmaceutical company. MC plc has decided to expand its pharmaceutical production capability by building a new factory in an overseas country – a country that has an emerging economy.

You have been asked by the Board to recommend how an effective risk management process could manage the risks associated with the expansion into the overseas location.

(a) Identify three internal and two external key stakeholders you would engage with, in order to establish an

effective risk management process.

(b) Explain, for each of the three internal and two external stakeholders you have identified in (a) above, how these stakeholders could contribute to the risk management process of the risks involving the overseas location.

Question 9 – Across more than one Learning Outcome:

You are a risk manager for an insurer that underwrites risks in several countries, including the USA. The insurer is considering the introduction of a new global information technology (IT) system. This system will incorporate all the insurer’s data relating to its entire operation.

Whilst the new IT system is being developed, you have been asked by the IT Project Manager to identify the key sources of data from a risk management perspective that should be incorporated into the new IT system.

(a) Explain, with justification, three significant sources of information that should be considered when developing

the new IT system for the insurer.

(b) Explain the potential impact on the insurer for each of the three sources of information, you have identified in (a) above, if they are inadequately incorporated into the new IT system.

Question 10 – Across more than one Learning Outcome:

You are a newly appointed risk manager of an insurance broker that has recently merged with a competitor.

Prior to the merger, the insurance broker had an inadequate risk management process. Its competitor did not have a formal risk management process.

At a forthcoming risk management strategy planning day with the risk management team, ideas on how to improve the risk management process will be discussed.

(a) Explain, with justification, four significant actions that you could take to progress the risk maturity of the risk management process of the merged insurance broker.

(b) Describe two benefits of achieving risk maturity in the risk management process in the merged insurance

broker.

*** Word count = 7500 Words at least.

*** In-Text citations and references using Harvard style.

*** Do not group question parts together in your answer. If there are parts (a) and (b), answer them separately.

*** Address all the issues raised in each question.