1.
Your swimwear shop is a block from Fort Lauderdale Beach in Fort Lauderdale, FL. You lease the location, which offers merchandise floor space and storage. Your business is quite profitable as the location serves annual tourists. Your supplier is located in Miami, FL and delivery is via truck. Your 20 employees are local residents. Several are full-time. Your shop is open 10am to 9pm. It’s hurricane season. Develop your catastrophic and recovery plan to mitigate losses. Be specific. Include the intended outcomes and contingencies.
2.
From a risk management perspective, how do you prepare for a hurricane or other natural disasters?
Sample Solution
