TMSQ Trading and Marketing, Inc.

Risk Assessment No: 001

Receiving and  Sales agents of the company receive orders through phone calls and
Processing of online.
Orders  Sales agents also request documents necessary for credit checking such
as the entity’s business permit, two valid identification cards and the
bank statement for the last three months.
 General manager decides on the acceptance of the order based on the
credit standing of the company.
 The mode of payment comes in two forms, through bank financing or
cash payment. If payment is through bank financing, bank’s approval is
necessary to process the sale transaction.

Location of process
being carried out?
Home Office

Identify the Employees Contractors Public

persons at risk: (including trainees) (including students)

Existing and
Potential Risks
1) Orders from fictitious customers.

2) Percentage for bank loans can be high since in-house/bank financing is not
strictly regulated.

3) Bank financing promotes irresponsible borrowing by allowing very long

repayment plans such as terms of up to seven years. It also encourages a
borrower to buy a unit he can’t truly afford, because the dealerships often
find a way to approve any loan.

Classification

1. Strategic Operational
Financial
Toxic
2. Strategic Financial Operational
Toxic

Financial Operational
3. Strategic
Toxic

Impact

1.

Negligible Low Medium High Extreme

2.

Negligible Low Medium High Extreme

3.

Negligible Low Medium High Extreme

Likelihood

1.

Remote Unlikely Possible Probable Certain

2.

Remote Unlikely Possible Probable Certain

3.

Remote Unlikely Possible Probable Certain

Control Measures: (for example extraction, ventilation, training, supervision). Include special measures for vulnerable
groups, such as disabled people and pregnant workers

What further action needs to be taken

Action By Who By what date