PRELIM - ENUMERATION Flashcards
What are the Key Components of Risk Management
- Risk Identification
- Risk Assessment and Analysis
- Risk Mitigation and Control
- Risk Monitoring
- Risk Communication
- Risk Reporitng and Documentation
- Risk Culture and Integration
What are the significance of Risk Management in an Establishment or Company?
- Protection of Assets and Investments
- Financial Stability and Sustainability
- Enhanced Decision Making
- Reputation and Brand Protection
- Regulatory and Legal Compliance
- Optimized Resource Allocation
- Innovation and Growth
- Employee Safety and Well Being
- Business Continuity and Resilience
- Stakeholder Confidence and Trust
- Reduced Cost of Risk
- Strategic Planning Alignment
What are the Potential Risks that Could Impact Hospitality Establishment
- Guest Safety and Health Risks
- Reputation Risks
- Operational and Infrastructure Risk
- Natural and Environmental Risks
- Financial Risks
- Cybersecurity and Data Privacy Risks
- Legal and Regulatory Risks
- Crisis Management Risks
- Competition and Market Risks
- Environmental and Sustainability Risks
- Political and Geopolitical Risks
- Public Relations Risks
What are the Legal Implications of Risk Management in Hospitality
- Employment Laws
- Liability and Negligence
- Data Privacy and Security
- Contractual Obligations
- Intellectual Property
- Liquor Laws
- Environmental Regulations
What are the Ethical Implications of Risk management in Hospitality
- Guest Well-Being
- Transparency and Honesty
- Fair Treatment of Employees
- Cultural Sensitivity and Diversity
- Environmental Responsibility
- Community Engagement
- Fair Competition
- Honest Marketing and Advertising
What are the ways to prevent slips, trips, and falls in the Hospitality Industry
- Regular Cleaning and Maintenance
- Non-Slip Flooring
- Signage and Warnings
- Proper Lighting
- Clear Pathways
- Stairs and Handrails
- Proper Footwear
- Training and Awareness
What are the ways to prevent fire hazards in hospitality management
- Fire Safety Plan
- Fire Detection and Alarm Systems
- Fire Extinguishers and Suppression Systems
- Electrical Safety
- Safe Cooking Practices
- Flammable Materials Storage
- Candle and Decorative Lighting Safety
- Smoking Policies
- Emergency Equipment and Exits
- Fire Safety Training
- Regular Inspections
What are the Common Sanitation Risks?
1, Foodborne Illnesses
2. Cross-contamination
3. Poor Hand Hygiene
4. Improper Cleaning
5. Inadequate Pest Control
6. Unsafe Water
7. Lack of Hygiene Supplies
8. Inadequate Waste Management
What are the Prevention Strategies?
- Food Safety Training
- Handwashing Protocol
- Separation of Raw and Cooked Foods
- Proper Cooking Temperatures
- Cleaning and Sanitizing
- Pest Control
- Water Quality Control
- Hygiene Supplies
- Waste management
- Regular Inspections
- HACCP (Hazard Analysis and Critical Control Points)
- Regulatory Compliance
- Guest Education
- Supplier Quality Assurance
Unauthorized individuals gaining access to restricted areas, guest rooms, or employee-only spaces can lead to theft, vandalism, or
other criminal activities
Unauthorized Access
Valuables left in guest rooms or common areas can be targets for theft. Employee theft and inventory shrinkage are also concerns
Theft and Burglary
Incidents of physical assault, fights, and violent behavior can occur within the premises, endangering both guests and employees
Physical Assaults and Violence
Cyberattacks on reservation systems, point-of-sale terminals, and guest information databases can lead to data breaches and compromise guests’ personal and financial information
Cybersecurity Breaches
Credit card fraud, identity theft, and other formsof
financial fraud can occur during the booking, payment, and check-in processes
Fraudulent Activities
Hotels and hospitality venues canbetargeted by terrorists due to their visibility and large gatherings. Threatsof
terrorism can also disrupt operations
Terrorism and Terrorism Threats
Inadequate fire safety measures can lead to risks related to fires and emergencies, endangering guests and staff.
Fire and Safety Hazards
Guests or outsiders may engage in acts of vandalism, causing damage to property, furnishings, and amenities.
Vandalism and Property Damage
Hotels can unknowingly be used as locations for human trafficking activities, particularly due to their transient nature and anonymity
Human Trafficking
Hotels and hospitality venues can be usedfor
drug-related activities, including drug trafficking, which poses security and safety risks
Drug-Related Issues
Hotels hosting events or conferences can be targets for protests or demonstrations, which may escalate into security incidents
Protest and Demonstrations