One of the objectives set by the board was to identify the top five strategic risks for XXX petroleum operations in Angola. The following table (table 4.7) illustrates the risks and the appropriate decisions and actions required for scenario 1.
Which part of a case study report does the extract (below) most likely belong to? Select your answer from the accordion toggles below:
1) Executive Summary
This text is not appropriate for an executive summary. It is not usual to include complex tables in an executive summary. Try again!
2) Methodology / Approach
This text would not be appropriate for the methodology/approach sections. There is no mention of the approach used to arrive at these recommendations. Try again!
3) Recommendations
This text is presenting recommendations and was placed after the analysis of identified risks in a section titled "top five risks". A number of tables were used to present the recommendations for 3 scenarios that the writers developed in the analysis. This section of text and table begins with reference to the initial brief and then presents a summary of identified risks and recommendations for scenario 1.
Language features include:
- Use of past tense when referring to the initial objective (The objectives are likely to be worded in present or future tense in the introduction)
- Use of obligation ("..is required") and future tenses/phrases for the recommendations.
Extract
Table 4.7: Top 5 strategic risks to XXX petroleum Angolan operations - Scenario 1
Risk dimension | Description risk & no. | Rank | +ve or -ve | Risk level definition | Action/decision |
1. Instability and civil disorder | 8. active internal factors | 1 | -ve high | A significant potential for major significant losses, injury or degradation of reputation/image. | Immediate notification and action by senior management required. Effective treatment (-ve risk) and/or detailed planning required (+ve risk). National Risk and Assurance Group to be notified. |
6. weak & disorganised government | 2 | +ve high | High opportunity, major financial gain, enhanced reputation. | ||
15. Ideological change | 63. major shift in ideals | 3 | -ve high | A significant potential for major significant losses, injury or degradation of reputation/image. | |
16. Global expectations and scrutiny | 67. enhancing & improving corporate reputation | 4 | +ve high | High opportunity, major financial gain, enhanced reputation.
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65. damage to corporate image & reputation | 5 | -ve high |